4. At 31 December 2014 a company's trade receivables totalled $664,000. As of 1 January, the company had an The allowance of 10% must be created. Also during the year, the company has received $3,000 from the customers whose debt was previously written off. What amount would appear on a statement of Financial position for Receivables and Bad Debt Expense? (2.5 points) Receivable Bad Debt Expense A 69,400 B 63,400 $597,600 $597,600 $594,900 $594,400 C 66,100 D 69,400