Question Help Verdant Vines specializes in cultivating rootstock for grape vines. The company sells to both vineyards and consumers. At the beginning of the year, the company had $170,000 in accounts receivable before netting out $18,000 of allowance for doubtful accounts. At the end of the year, the corresponding amounts were $125.000 and $14,000, respectively. The company's sales in the year totalled $7,640,000, of which $7.220,000 was sold on credit. During the year, the company estimated bad debt expense using the percentage of sales method, and at the end of the year, recorded a further $6,500 of bad debis expense by applying the aging method wie- amounted to $41,000 Required: Determine the amount of cash collected from customers and the percentage the company used to estimate bad debit expense Requirement. Determine the amount of cash collected from customers and the percentage the company used to estimate bad debt expense First, enter the values given and balance the AR account porny be compally used to estu ACCOUNTS receivable grus] Beginning balance Credit sales Write-offs Cash collected on A/R BDE estimate using % of sales BDE adjustment at Y/E Ending balance LLLLLLLL