QUESTONNot yet answerea Fag question Marked out OT T.00 Use the following information to answer the next two questions: Harris Company uses the allowance method of handling its credit losses. It estimates credit losses at 1.5% of credit sales, which were $2,700,000 during the year. On December 31, the Accounts Receivable balance was $475,000, and the Allowance for Doubtful Accounts had a balance of $30,600 before adjustment Indicate the effect (increase / decrease) that recording the bad debt expense for the year will have on the company's assets, liabilities, and equity, respectively. Liabilities + Equity Select one: O a. Decrease, No Change, Decrease O b. Increase, No Change, Decrease O c. Increase, No Change, Increase O d. Decrease, Decrease, No Change O e. Increase, Decrease, Increase