Silver Warehouse has Sales of $3,000 and Accounts receivable of $800 with estimated bad debts of 5%. It has a $20 Allowance for Bad Debts credit balance. Under the percent of Sales Method bad debts expense is computed as: under the Accounts Receivable method? a. $130: $20 b. $150: $20 c. $130: $20 d. $150: $40 e. None of the above