Use the adjusted trial balance for Stockton Company to answer the question that follows. Stockton Company Adjusted Trial Balance December 31 Account Debit Balances Credit Balances No. Cash 11 6,406 Accounts Receivable 12 2,045 Prepaid Expenses 13 742 Equipment 18 14,897 Accumulated Depreciation 19 1,490 Accounts Payable 21 1,797 Notes Payable 22 5,997 Bob Steely, Capital 31 11,926 Bob Steely, Drawing 32 632 Fees Earned 41 7,881 Wages Expense 51 2,848 Rent Expense 52 859 Utilities Expense 53 343 Prepaid Expenses 13 742 Equipment 18 14,897 Accumulated Depreciation 19 1,490 Accounts Payable 21 1,797 Notes Payable 22 5,997 Bob Steely, Capital 31 11,926 Bob Steely, Drawing 32 632 Fees Earned 41 7,881 Wages Expense 51 2,848 Rent Expense 52 859 Utilities Expense 53 343 Depreciation Expense 54 244 Miscellaneous Expense 59 75 Totals 29,091 29,091 Use the adjusted trial balance for Stockton Company. Determine the total assets. Oa. $23,348 Ob. $24,090 Oc. $25,887 Od. $22,600 Allowance for Doubtful Accounts has a debit balance of $900 at the end of the year (before adjustment), and bad debt expense is estimated at 2% of credit sales. If credit sales are $818,000, the amount of the adjusting entry to record the estimate of the uncollectible accounts O a. is $900 Ob. is $16,360 O c. is $17,260 Od. is $15,460