The records of Grouper Company at the end of the current year shows Accounts Receivable $76,200; Credit Sales $833,360; and Sales Returns and Allowances $39,190. (a) If Grouper uses the direct write-off method to account for uncollectible accounts and Grouper determines that Matisse’s $834 balance is uncollectible, what will Grouper record as bad debt expense? Bad debt expense $enter bad debt expense in dollars (b) If Allowance for Doubtful Accounts has a balance of $1,135 and Grouper concludes bad debts are expected to be 11% of accounts receivable, what will Grouper record as bad debt expense? Bad debt expense $enter bad debt expense in dollars