Question 13 0.14 pt Michelle Company reports $345,000 in credit sales and $267,500 in accounts receivable at the end of 2019. Michelle currently uses the income statement method to record bad debt estimation at 4%. To manage earnings more efficiently, Michelle changes bed debt estimation to the balance sheet method at 4%. How much is the difference in net income between the income statement and balance sheet methods? O $3,100 $13,800 O $10,700 O $77,500 Question 14 Which of these statements is false? If cost of goods sold is incorrect, ending inventory is usually incorrect too. beginning inventory purchases-cost of goods sold i ending inventory cost of goods sold goods available for sale O goods available for sale - beginning inventory - purchases 0.14 pts