Question 2 0.5 pts The following information is from the records of Banana Corporation: $80,000 Accounts receivable, December 31, Year 5 (debit) Net credit sales for Year 5 165,000 Accounts written off as uncollectible during Year 5 15,000 Cash sales during Year 5 40,000 The company uses the direct write-off method for bad debts. What is the amount of bad debts expense? $80,000 $40,000 $15,000 $70,000