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Cullen Company had the following balances on 12/31 prior to any adjusting entries Accounts Receivable Allowance for Doubtful Accounts Net Credit Sales Revenue $ 80,000

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Cullen Company had the following balances on 12/31 prior to any adjusting entries Accounts Receivable Allowance for Doubtful Accounts Net Credit Sales Revenue $ 80,000 500 375,000 Cullen uses the percentage of revenue method for estimating uncollectible accounts, and believes 1% is the appropriate estimate. What amount will show as Uncollectible Accounts Experise on the year end Income Statement? (round to the nearest whole dollar and do not use dollar signs, commas, etc) Numeric Response

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