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A company gets started in Year One and makes credit sales of $ 2 0 0 , 0 0 0 each year as well as
A company gets started in Year One and makes credit sales of $ each year as well as cash collections of $ In addition, $ in bad accounts are written off each year. If percent of ending accounts receivable are estimated to be uncollectible each year, what is the bad de'bt expense to be reported on the Year Two income statement?
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