Bradford Plumbing had the following data for a recent year:Credit sales $547,900 Allowance for doubtful accounts, 1/1 (acredit balance) 8,740 Accounts receivable, 1/1 42,340 Collectionson account receivable 489,770 Accounts receivable written off14,250 Bradford estimates that 1.9% of credit sales will eventuallydefault. Required: 1. Compute bad debt expense for the year(rounding to the nearest whole number). $ 2. Determine the endingbalances in accounts receivable and allowance for doubtfulaccounts. Ending Balance Accounts receivable $ Allowance fordoubtful accounts $
