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Twilight Co. started operations in 2017 and has the following information at the end of June, 2021: $420,000 in its Accounts Receivable and $2,000 debit

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Twilight Co. started operations in 2017 and has the following information at the end of June, 2021: $420,000 in its Accounts Receivable and $2,000 debit balance in its Allowance for Uncollectible Accounts. Credit sales for the quarter were $3,200,000 and cash sales of $1,440,000. Twilight Co. estimates its bad debts to be 3.5% of credit sales. What is the amount of Bad Debt Expense for the month? Multiple Choice O $50,400 $ 52,400 O $112.000 O 114,000

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