Sandhill Company deducts insurance expense of $234000 for tax purposes in 2021, but the expense is not yet recognized for accounting purposes. In 2022, 2023, and 2024, no insurance expense will be deducted for tax purposes, but $78000 of insurance expense will be reported for accounting purposes in each of these years. Sandhill Company has a tax rate of 20% and income taxes payable of $196000 at the end of 2021. There were no deferred taxes at the beginning of 2021.What is the amount of income tax expense for 2021?

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.