Question 71 (10 points) Three-Hand Corp uses the percent of receivables method to estimate uncollectible accounts. Currently, its receivables are $2,500,000 and it believes 1.5% of those receivables will be uncollectible. By what amount would you debit Bad Debt Expense and Credit Allowance for Doubtful Accounts if there iba credit balance of $12,000 in the Allowance for Doubtful Accounts? View hint for Question 71 Question 72 (10 points) If a five-year is trading at a discount, then the carrying value of the bond at the end of year four will be less than the par value. a) True b) False Question 73 (10 points) Payment of dividends should be classified as a financing activity on the Cash Flow Statement. a) True b) False