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View Policies Current Attempt in Progress The following information is available for Pirate Company: Allowance for Expected Credit Losses at December 31, 2023 Credit Sales

image text in transcribed View Policies Current Attempt in Progress The following information is available for Pirate Company: Allowance for Expected Credit Losses at December 31, 2023 Credit Sales during 2024 Accounts Receivable deemed worthless and written off during 2024 $7000 270000 2800 As a result of a review and aging of Accounts Receivable in early January 2025, it was determined that an All Credit Losses balance of $7500 is required at December 31, 2024. What amount should Pirate record as loss calendar 2024? O $3300 $4200 $74000 O $7500 eTextbook and Media

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