At 1 July 20x3 a limited liability company had an allowance for receivables of $83,000. During the year ended 30 June 20x4 debts totalling $146,000 were written off. At 30 June 20x4 a receivables allowance of $218,000 was required. What figure should appear in the company's statement of profit or loss for the year ended 30 June 20X4 for receivables expense? A $155,000 B $364,000 $281,000 D $11,000 (2 marks)