1 point ABC Company has the following data relating to its accounts receivable during the current year: No. of Days 0 - 30 days 31 -60 days 61 - 90 days Over 91 days Balance P500,000 600,000 750,000 400,000 % Collectible 98% 97% 95% (P100,000 definitely uncollectible, balance is 90% collectible) The beginning balance of the allowance for doubtful accounts is P40,000. During the year, ABC Company wrote off P23,000 receivables and recovered P12,000 of accounts previously written off in prior years. How much is the doubtful accounts expense during the current year? Your