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Craigmont uses the allowance method to account for uncollectible accounts. Its year-end unadjusted trial balance shows Accounts Receivable of $124,500 and sales of $1,025,000. If uncollectible accounts are estimated to be 0.5% of sales, what is the amount of the bad debts expense adjusting entry? Multiple Choice O $5,125 O $4,260 O $5.990 O $5,250 O $5,325