Take Test: PEP Exam 3 Remaining time: 19 minutes, 40 seconas. Question Completion Status: QUESTION 24 Calistoga Produce estimates bad debt expense at 0.50% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $484,000 and $1640 respectively, at December 31, 2017. During 2018, Calistoga's credit sales and collections were $331,000 and $310,000, respectively, and $1840 in accounts receivable were written off. Calistoga's 2018 bad debt expense is: O $1550 $1655. $1555 $1740. None of the above. 0.4 points