Sage Company reports the following financial information before adjustments. Cr. Dr. $139,800 Accounts Receivable Allowance for Doubtful Accounts $3,160 Sales Revenue (all on credit) 815,500 Sales Returns and Allowances 51,950 Prepare the journal entry to record bad debt expense assuming Sage Company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but Allowance for Doubtful Accounts had a $1,450 debit balance. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit