Sawyer, inc. consistently estimated its bad debt expense at 1 percent of credit sales. in 2017, however, sawyer determines that it must revise upward the estimate of bad debts for the current year’s credit sales to 2%, or double the prior years’ percentage. sawyer uses the revised estimate of 2% and calculates bad debt expense of $500,000. how is the change in the estimated bad debt expense reported in sawyer’s 2017 financial statements?