Brewer Incorporated is owed $217,000 by Carol Company under a 15% note with two years remaining to maturity. Due to financial difficulties Carol Company did not pay the prior year's interest. Brewer agrees to settle the receivable (and accrued interest) in exchange for a cash payment of $167,000. The journal entry that Brewer would make to record this transaction would include a loss on troubled debt restructuring as bad debt expense in the amount of: Multiple Choice $32,550. $50,000. $0. $82,550