At 30 June 20X8 a companys allowance for receivables was $41,000. At 30 June 20X9, trade receivables totalled $627,000. It was decided to write off irrecoverable (bad) debts totalling $23,000 and to adjust the provision for receivables (doubtful debts) to the equivalent of 5% of the trade receivables. What figure should appear in the income statement in relation to the provision for receivables for the year ended 30 June 20X9