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In the balance sheet at the end of its first year of operations, Dinty Inc. reported...

In the balance sheet at the end of its first year of operations, Dinty Inc. reported an allowance for uncollectible accounts of $82,900. During the year, Dinty wrote off $30,200 of accounts receivable it had attempted to collect and failed. Credit sales for the year were $2,290,000, and cash collections from credit customers totaled $1,780,000. What bad debt expense would Dinty report in its first-year income statement?

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