Ruby-Rose Company uses the percentage of credit sales method to estimate Bad Debt Expense. At the end of the year, the company's unadjusted trial balance includes the following: Accounts Receivable Allowance for Doubtful Accounts (credit balance) Net Credit Sales $365,000 1,800 916,000 Ruby-Rose has experienced bad debt losses of 0.6% of credit sales in prior periods. What is the Bad Debt Expense to be recorded for the year? Multiple Choice $7,296 $3,696 $5,496 $9,096