Question Completion Status: QUESTION 31 A company uses the percent of receivables method to account for bad debt. Use the following information to calculate bad debt expense. Enter your answer rounded to the nearest dollar. % of AR estimated to be uncollectible 2% AR debit balance $550,000 Allowance for Doubtful Accounts credit balance $1,500 Credit Sales $1,375,000 For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI y S Paragraph Arial !!! 14px IX a 5 A 2 x X & T RBC Tic TT " 2 me to me nill answers