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Data for Aspen Corporation for the year coded December 31, 2012, are presented below. Refer to the information provided for Aspen Corporation. If Aspen estimates

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Data for Aspen Corporation for the year coded December 31, 2012, are presented below. Refer to the information provided for Aspen Corporation. If Aspen estimates it$ bad debts at 4% of net credit sales, what amount will be reported as bad debt expense for 2012? a. $84,000 b. $78,000 c. $50,000 d. $75,000

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