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Before adjustment, Westcott Enterprises has a balance of accounts receivable equal to $100,000. Credit sales were $700,000. The beginning balance of the allowance for

Before adjustment, Westcott Enterprises has a balance of accounts receivable equal to $100,000. Credit sales were $700,000. The beginning balance of the allowance for bad debts is $1,750. What is bad debt expense if bad debts are estimated as 3.5% of accounts receivable?

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