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Requirements: Estimate the bad debt expense for the year based on the following information: Accounts Receivable: $22,000 Allowance for Doubtful Accounts: $1,000 Historical Bad Debt

Requirements: Estimate the bad debt expense for the year based on the following information:

Accounts Receivable: $22,000
Allowance for Doubtful Accounts: $1,000
Historical Bad Debt Percentage: 4.5%

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