Upper S Wholesale Company began the year with merchandise inventory of $ 13 comma 000. During the year, Upper S purchased $ 95 comma 000 of goods and returned $ 6 comma 200 due to damage. Upper S also paid freight charges of $ 1 comma 200 on inventory purchases. At year-end, Upper S's ending merchandise inventory balance stood at $ 16 comma 900. Assume that Upper S uses the periodic inventory system. Compute Upper S's cost of goods sold for the year.

Johnson company uses the allowance method to account for uncollectible accounts receivable. bad debt expense is established as a percentage of credit sales. for 2018, net credit sales totaled $6,400,000, and the estimated bad debt percentage is 1.40%. the allowance for uncollectible accounts had a credit balance of $61,000 at the beginning of 2018 and $49,500, after adjusting entries, at the end of 2018.required: 1. what is bad debt expense for 2018 as a percent of net credit sales? 2. assume johnson makes no other adjustment of bad debt expense during 2018. determine the amount of accounts receivable written off during 2018.3. if the company uses the direct write-off method, what would bad debt expense be for 2018?