Effect of Doubtlul Accounts on Net Income Durg its first rear ofoperations, Mack, punting Supply Co. had sales of $370,000, wrote of $5,000ofaccourts as unoletble the dred itedr ndhod. and reported net income of $40,700. Determine what net income would have beeif the allowance metod had been used and dispay estimated that 11/4% of sales would be uncolectible. Previousext DOLL LLLI 8 9 7 89 Enter AS Shitt Ctri