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Py You tested the allowance for uncollectible accounts with regression analysis, and obtained the following results: MAXIMUM TOLERABLE MISSTATEMENT = $500 $0 $500 LCL $750

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Py You tested the allowance for uncollectible accounts with regression analysis, and obtained the following results: MAXIMUM TOLERABLE MISSTATEMENT = $500 $0 $500 LCL $750 ALLOW $1,500 UCL THIS IS THE ALLOWANCE CURRENTLY RECOGNIZED, $750 By what amount should the currently recognized allowance, $750, be credited so that the adjusted allowance is materially correct? $250 $0 $500 $750

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