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Question 6 O pts Griffin Corp, has outstanding accounts receivable totaling $1.270,000 as of December 31. and sales on credit during the year of $6.4

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Question 6 O pts Griffin Corp, has outstanding accounts receivable totaling $1.270,000 as of December 31. and sales on credit during the year of $6.4 million. There is also a debit balance of $6,000 in the allowance for doubtful accounts. If the company estimates that 2% of its accounts receivable will be uncollectible, what will be the balance in the allowance for doubtful accounts after the year-end adjustment to record bad debt expense? $25.400 $19.400 $31.400 $25,280

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