As at 30 June 2018, Brandon Limited has accounts receivable of $80,000 less the allowance for doubtful debts of $2,000 and therefore reports $78,000 on its balance sheet. During the year the company wrote-off $21,000 of debtor accounts as bad. The company tax rate is 30%. For the purpose of completing the deferred tax worksheet, the tax base of this asset is:

Select one:

a.

$80,000

b.

$78,000

c.

$21,000

d.

$2,000