Analysis of Allowance for Bad Debts
The Intercontinental Publishing Company follows the procedure of debiting Bad Debt Expense for 2% of all new sales. Sales for four consecutive years and year-end allowance account balances were as follows:
![1758_ssia19h.e07-31.e.jpg](https://secure.tutorsglobe.com/CMSImages/1758_ssia19h.e07-31.e.jpg)
Compute the amount of accounts written off for the years 20Y2, 20Y3, and 20Y4.