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Current Attempt in Progress The following information is related to December 31, 2021 balances. I Accounts receivable $1440000 I Allowance for doubtful accounts {credit} (104000]

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Current Attempt in Progress The following information is related to December 31, 2021 balances. I Accounts receivable $1440000 I Allowance for doubtful accounts {credit} (104000] I Cash realizablevalue 1010000 During 2022 sales on account were $355000 and collections on account were $233000. The company wrote off $25000 Tn uncollectible accounts. An analysis of outstanding receivable accounts at year end indicated that bad debts should be estimated at $143000. Bad debt expense for 2022 is: O $64000. O $14000. O $143000. 0 $39000

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