San Mateo Company had the following account balances at before recording bad debt expense for the year. 12/31/16 accounts receivable allowance for uncollectible accounts credit sales for 2016 $1,050,000 debit balance 8,000 debit balance $2,100,000 San Mateo is considering the following approaches for estimated bad debt expense for 2016: based on 2% of credit sales based on 5% of year end accounts receivable 6.What amount will San Mateo charge to bad debt expense at the end of 2016 under each method? Income Statement approach? Balance Sheet Approach? . What is the net realizable value of San Mateo's account recievable under the Income Statement