At 1 July 20x2 the receivables allowance of Q was $18,000. During the year ended 30 June 20x3 debts totalling $14,600 were written off. The receivables allowance required was to be $16,000 as at 30 June 20x3. What amount should appear in Q's statement of profit or loss for receivables expense for the year ended 30 June 20X3? $12,600 B $16,600 $48,600 D $30,600 (2 marks)