Question 9 10 pts The AFDA (Allowance for Doubtful Accounts) account has a credit balance of $3000 before the adjusting entry for uncollectibles expense. The company's management estimates that 3% of net credit sales will be uncollectible for the year Year 4. Not credit sales for the year amounted to $290,000. What is the amount of Bad Debts Expense reported on the income statement for Year 4? $4350 O $8700 $5700 $11.700