Dimitrov Corporation, a company that produces and sells a single product, has provided its contribution format income statement for July.
Sales (6,500 units) 442,000
Variable expenses 312,000
Contribution margin 130,000
Fixed expenses 103,500
Net operating income 26,500
If the company sells 6,400 units, its net operating income should be closest to:
a) $25,979
b) $22,000
c) $26,500
d) $24,500

The following information is from the 2019 records of albert book shop: accounts receivable, december 31, 2019 $ 42 comma 000 (debit) allowance for bad debts, december 31, 2019 prior to adjustment 2 comma 000 (debit) net credit sales for 2019 179 comma 000 accounts written off as uncollectible during 2017 15 comma 000 cash sales during 2019 28 comma 500 bad debts expense is estimated by the method. management estimates that $ 5 comma 300 of accounts receivable will be uncollectible. calculate the amount of bad debts expense for 2019.