The december 31, 2015, balance sheet of schism, inc., showed $141,000 in the common stock account and $2,660,000 in the additional paid-in surplus account. the december 31, 2016, balance sheet showed $151,000 and $2,960,000 in the same two accounts, respectively. the company paid out $146,000 in cash dividends during 2016. what was the cash flow to stockholders 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?