Patriots uses the percentminusofminusreceivables method to determine Bad Debts Expense. Given the following information, determine the amount of Bad Debts Expense. Balance in Accounts Receivable $ 44 comma 000 Balance in Allowance for Bad Debts (credit) $ 1 comma 000 Net Credit Sales $ 250 comma 000 Estimated percent of uncollectible receivables 3%