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Question 45 (5 points) Daisy Mae Company uses the percentage of sales approach to record bad debt expense. It estimates that 3% of net credit

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Question 45 (5 points) Daisy Mae Company uses the percentage of sales approach to record bad debt expense. It estimates that 3% of net credit sales will become uncollectible. Credit sales are $803,000 for the year ended April 30, 2017; sales returns and allowances are $78,000; sales discounts are $29,000; accounts receivable are $337,900; and the allowance for doubtful accounts has a credit balance of $5,200. What is the amount debited to Bad Debt Expense for the year? Enter your answer as a whole number with no comma or dollar sign. Your

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