Use the information about Flyer Company to answer the next TWO questions. Flyer Company has provided the following information: Cash sales, $150,000 Credit sales, $450,000 Selling and administrative expenses, $110,000 Sales returns and allowances, $30,000 Gross profit, $290,000 Accounts receivable, $110,000 Allowance for doubtful accounts credit balance (pre-adjustment), $1,200 22 Under the percentage of credit sales method, how much is Flyer's bad debt expense, assuming that 1.5% of credit sales have historically been uncollectible. A. $7,950 B. $6,750 C. $5,550 D. $7,800 23. Under the aging analysis method, how much is Flyer's bad debt expense? An analysis of the company's receivables has suggested $6,750 will be uncollectible. A. $7,950 B. $6,750 C. $5,550 D. $7,800