The following information is at the end of December Credit Sales $590,000 Accounts Payable $25,000 Accounts Receivable $59,000 Allowance for Uncollectible Accounts $200 credit Cash Sales $210,000 The company uses the percent of receivables method and estimates it will not collect 5% of their accounts receivable. After the adjusting entry on December 31st (year end) determine the ending balance in the Allowance for uncollectible accounts: What is the amount of Bad debt expense recognized on the December 31st financial statements? Determine the Net Accounts Receivables shown on the December 31st financial statements