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The following information is for Cheswick Corp. at the end of 2016: Sales $800,000 Sales returns and allowances 8,000 Accounts ReceivableDecember 31, 2016 175,000 Allowance

The following information is for Cheswick Corp. at the end of 2016:

Sales $800,000
Sales returns and allowances 8,000
Accounts ReceivableDecember 31, 2016 175,000
Allowance for Doubtful AccountsDecember 31, 2016
[Credit Balance] (Before adjustment for bad debts) 1,000
Estimated Uncollectible Accounts
(per aging schedule at December 31, 2016) 7,500

If the aging approach is used to estimate bad debts, how much bad debts expense will Cheswick Corp. report for 2016?

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