The records of Sheffield Company at the end of the current year show Accounts Receivable $87,900, Credit Sales $923,400, and Sales Returns and Allowances $45,600. (a) If Sheffield uses the direct write-off method to account for uncollectible accounts and Sheffield determines that Matisse's $1,026 balance is uncollectible, what will Sheffield record as bad debt expense? Bad debt expense $ (b) Assume Sheffield uses the allowance method to account for uncollectible accounts. If Allowance for Doubtful Accounts has a balance of $1,254 and Sheffield concludes bad debts are expected to be 10% of accounts receivable, what will Sheffield record as bad debt expense? Bad debt expense $