A trader maintains allowances for trade receivables to cover 2% of trade receivables outstanding at the year end. Information from her financial records include the following: Total trade receivables outstanding at end of year Bad debts incurred during the year still to be written off Allowances for trade receivables at beginning of year 3,800,000 30,000 64,000 What is the total charge to the income statement for the year in respect of trade receivables? ..... O A. 24,000 O B. 75,400 OC. 11.400 OD. 41,400