The account balances of Oriole Company at December 31, 2021. the end of the current year, Chow Accounts Recalvable $147,600; Allowance for our Accounts Sales $1,173,400; Sales Returns and Allowances $50,000; and Sales Discounts $16,400. Record the adjusting entry at December 31, 2021, assuming bad debts are estimated to be (1) 10% of accounts receivable and (2) 1.5 of net sales. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If he entry is required, select "No Entry for the accountitles and enter for the amounts) Cred No. Date Account Titles and Explanation (1) Dec. 31 (To record estimate of uncollectible accounts.) (2) Dec 31 (To record estimate of colectible account) Calculate the carrying amount of the accounts receivable for each approach to estimating uncollectible accounts in part (a) above. (1) Carrying amount (2) Carrying amount 2) Dec. 31 (To record estimate of uncollectible accounts.) Calculate the carrying amount of the accounts receivable for each approach to estimating uncollectible accounts in part (a) above. (1) Carrying amount (2) Carrying amount Assume instead that the Allowance for Doubtful Accounts had a debit balance of $2,100 at December 31, 2021. What is bad debt expense for 2021, and what is the carrying amount of the accounts receivable at December 31, 2021, assuming bad debts are estimated to be (1) 10% of accounts receivable, and (2) 1.5% of net sales? (2) Bad debts expenses Carrying amount