Question 2 3 pts A company's Accounts Receivable balance at December 31st is $489,300. Its Allowance for Doubtful Accounts has a debit balance of $554 before year-end adjustment. Its net sales are $1,300,000. It estimates that 6% of outstanding accounts receivable are uncollectible. What is the amount of bad debts expense recorded at December 31st? O $554 O $78,000 $28,804 O $29,912 $29,358