QUESTION 33 A company uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company's unadjusted ta blance reported the following selected amounts Accounts receivable Allowance for uncollectible accounts et Sales S375,000 debit 500 debit 888,000 credit All sales are made on credit. Based on past experience, the company estimates that 0.6% of net credit sales are uncollectible, what amount should be debited to Bad Debts Expense when the year end adjusting entry is prepared? S1,275 $1.775 O $4,500 s4.800 $5,500 QUESTION 34 Minor Company installs a machine in its factory at the beginning of the year at a cost of $135,000. The machine's useful life is estimated to be 5 years, or 300,000 units of product with a $15,000 salvage value. During its first year, the machine produces 64,500 units of product. Determine the machines first year depreciation under the double-declining-balance method. $66,000. O$54,000. O $24,000. $25,800. O 548,000