QUESTION 14 2 points Save Answ Hayley's company uses the aging of accounts receivable method for estimating bad debts and has the following information for the year 2020. Credit sales are $2,500,000. Accounts receivable is $3,500,000. The estimated uncollectible AR percentage is 4%. The allowance for doubtful accounts, prior to the adjusting journal entries has a normal credit balance of $50,000. The amount of estimated bad debt expense for 2020 is: $50,000 $90,000 $100,000 $140,000 QUESTION 15 2 points Save Answ If management's goal is to produce a cost of goods sold that is closest to current market values, which costing method would they use? weighted average a D.LIFO c. Neither Fifo nor LIFO would accomplish the goal d. FIFO