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Allowance for Bad Debts has a debit balance of $1422 (before adjustment), and bad debt expense is estimated at 4% of net sales. If net

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Allowance for Bad Debts has a debit balance of $1422 (before adjustment), and bad debt expense is estimated at 4% of net sales. If net sales are $548987, the adjusted balance of the Allowance for Bad Debts will be: (enter your answer rounded to the nearest dollar)

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