Presented below are a series of unrelated situations. Answer the questions relating to each of the five independent situations as requested 1. Flint Company's unadjusted trial balance at December 31, 2017, included the following accounts Credit Accounts receivable Allowance for doubtful accounts Net sales Debit $48,600 $4,470 $1,225,600 Flint Company estimates uncollectible accounts to be 6% of gross accounts receivable. Determine its bad debt expense for 2017. Bad debt expense for 2017 $ 73536 3, Carla Co. provides for doubtful accounts based on 4% of gross accounts receivable. The following data are available for 2017. Credit sales during 2017 Bad debt expense Allowance for doubtful accounts 1/1/17 Collection of accounts written off in prior years (customer credit was reestablished) Customer accounts written off as uncollectible during 2017 $2,873,400 57,280 17,520 8,020 28,220 What is the balance in Allowance for Doubtful Accounts at December 31,2017? The balance in Allowance for Doubtful Accounts $ 112256