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Marigold Corp. unadjusted trial balance includes the following balances (assume normal balances): Accounts receivable $ 1890000 Allowance for doubtful accounts $ 45000 Bad

Marigold Corp. unadjusted trial balance includes the following balances (assume normal balances):

•

Accounts receivable

$1890000

•

Allowance for doubtful accounts

$45000

Bad debts are estimated to be 6% of outstanding receivables. What amount of bad debt expense will the company record?

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