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Lowe's Company uses the allowance method for recording its expected credit losses. It estimates bad debts at of credit sales, which were $ during the year. On December the Accounts Receivable balance was $ and the Allowance for Doubtful Accounts had a credit balance of $ before adjustments.
What is the amount of Bad Debt Expense Lowe's Company will report on their Income Statement this year?
Select one:
a $
b $
c $
d $
e $
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