treatment for the $10,000 received in the ei 34. Lo. 1 Sally is in the business of purchasing accounts receivable. Last year Sally chased an account receivable with a face value of $80,000 for $60,000. During the current year, Sally settled the account, receiving $65,000. Determine the mum amount of the bad debt deduction for Sally for the current year ior the current year, they had the follow