ment/take AssignmentMain.do?invoker-assignments&take AssignmentSessionLocator assignment-take&inprogress=false eBook Calculator Print Item Effect of Doubtful Accounts on Net Income During its first year of operations, Mack's Plumbing Supply Co. had sales of $220,000, wrote off $3,500 of accounts as uncollectible using the direct write-off method, and reported net income of $24,200. 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