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2 6 For 2024, Rahal's Auto Parts estimates bad debt expense at 1% of credit sales. The company reported accounts receivable and an allowance for uncollectible accounts of $95,500 and $3,900, respectively, at December 31, 2023. During 2024, Rahal's credit sales and collections were $422,000 and $426,000, respectively, and $4.140 in accounts receivable were written off. 166/166 Rahal's 2024 bad debt expense is: points awarded Scored Multiple Choice eBook $3,900. $4.140. $4.260. None of these answer choices are correct. ®@ O O O