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What is the bad debts expense based on the following information? Assume management calculates bad debts based on 3% of total net credit sales. Sales

What is the bad debts expense based on the following information?

Assume management calculates bad debts based on 3% of total net credit sales.

Sales returns and allowances for the year were $35,000.

The allowance for doubtful accounts balance was $5,000.

Credit Sales 587630

a) 16429

b) 16579

c) 11353

d) 17629

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