QUESTION 18 Bad Debt Expense Wise Window Coverings had $152,000 of Accounts Receivable outstanding at the end of the year. $120,000 of those receivables have been outstanding for less than 30 days. The remaining $32,000 of those receivables have been outstanding for more than 30 days. Wise uses the Aging of Receivables method and estimates that 2% of receivables outstanding for less than 30 days and 4% of receivables outstanding for more than 30 days will not be collected. Wise wrote off $1,200 of receivables during the current year. If the beginning balance in Wise's Allowance for Doubtful Accounts was a credit of $4,100, how much Bad Debt Expense will Wise record this year? You must show your work in order to get any credit for this problem. Bad Debt Expense QUESTION 19 Plant Assets Dennis Dirt Movers purchased a new dump truck for $42,000 cash on January 1, 20Y3. The dump truck has an estimated useful life of 8 years and a salvage value of $2,000. Dennis estimates it will operate the dump truck for 50,000 hours during its useful life. Dennis used the dump truck 6,100 hours during 20Y3. How much depreciation expense will Dennis record in 20Y3 using each of the depreciation methods listed below? NOTE: Round your final answers to the nearest whole dollar. Include appropriate commas and no dollar signs (e.g. 1,000). You must show your work in order to get any credit for this problem. Straight-Line Depreciation Expense for 20Y3 Double-Declining Balance Depreciation Expense for 20Y3 Units of Activity Depreciation Expense for 20Y3