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Cook Company determined that the net value of its accounts receivable at December 31, year 5, based on an aging of the receivables, was

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Cook Company determined that the net value of its accounts receivable at December 31, year 5, based on an aging of the receivables, was $235,000 Additional information is as follows: Allowance for credit losses - 1/1/year 5 Uncollectible accounts written off during year 5 Uncollectible accounts recovered during year 5 Accounts receivable at 12/31/year 5 How much was recognized a credit loss expense? $ 40,000 $ 22,000 $ 8,000 $ 270,000 Multiple Choice $9,000 $14.000 $26,000

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