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The following accounts were taken from Bull Inc.'s trial balance at December 31, 2014. Debit Credit Net Credit Sales 750,000 Allowance for Doubtful Accounts 14,000

The following accounts were taken from Bull Inc.'s trial balance at December 31, 2014.

Debit Credit

Net Credit Sales 750,000

Allowance for Doubtful Accounts 14,000

Accounts Receivable 310,000

If doubtful accounts are 3% of accounts receivable, determine the bad debt expense to be reported for 2014.

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