The following data are for Western & Company Inc. for the most recent year: Beginning accounts receivable: $1,320 . Credit sales for the year: $8,100 Cash collections for the year: $6,300 Beginning Allowance for Bad Debts: $120 Write-offs during the year: $390 Western & Company uses aging analysis to estimate the appropriate ending balance in the Allowance account. The appropriate Allowance for Bad Debts as a percentage of Accounts Receivable as of the end of the most recent year is 21.0%. Which ONE of the following is included in the journal entry that Western & Company Inc. must make to record BAD DEBT EXPENSE for the year? h O A DEBIT to Bad Debt Expense for $303 O A DEBIT to Bad Debt Expense for $925 O A DEBIT to Bad Debt Expense for $843 O A DEBIT to Bad Debt Expense for $573 J. Otis McGarnagle sold goods costing $5,100 for $9,200 on account. After two weeks, the customer returned the goods. The goods are defective. J. Otis McGarnagle estimates that he will be able to resale them for about $2,400. This $2,400 amount is the amount at which the inventory should be recorded in J. Otis McGarnagle's books once it is returned by the customer. What dollar amount is reported on the income statement related to the transactions above for COGS after the inventory is returned? $11,600 O $6,800 $2,700 $7,500 O $0 O $2,400 0 $5,100