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The allowance for uncollectible accounts currently has a credit balance of $200. The company's management

estimates that 2.5% of net credit sales will be uncollectible. Net credit sales are $115,000. What will be the amount of uncollectible-account expense reported on the income statement? A) $3,275 B) $3,075 C) $2,875 D) $2,675

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