Question 2 4 pts Assume a firm uses the Percentage of Credit Sales Method to estimate its bad debts expense. If sales are $100,000 and the firm does not expect to collect 2% of these sales, how much bad debt expense will the firm record if the allowance for doubtful accounts (AFDA) has a balance of $3,000 before any adjustment? O $3,000 O $2,000 O $5,000 47 O $600