Effect of Doubtful Accounts on Net Income During its first year of operations, Mack's Plurobing Supply Co. had sales of $460,000, wrote of 7400 of accounts as uncollectible using the direct write-off method, and reported net income of $50,600. Determine what the net income would have been if the allowance method had been used, and the company estimated that 1 3/4% of sales would be uncollectible. boxd Check My Work 2 more Check My Work sereg Previous Next >