XYZ uses the percentage of sales method. They estimate that 4% of each year's credit sales will be uncollectable. The beginning balance in the Allowance account was $900. During the year XYZ had total sales of $300,000 of which $200,000 were credit sales. During the year XYZ wrote off $7700 of accounts receivable. 1. What was the Bad Debt Expense for the year? 2. What was the ending balance in the allowance