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Rosie Ltd had the following balances related to bad debts for the year ended 30 June 2021: Allowance for Doubtful Debts $31,500 (30 June 2020:

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Rosie Ltd had the following balances related to bad debts for the year ended 30 June 2021: Allowance for Doubtful Debts $31,500 (30 June 2020: $26,000), and bad debts expense $25,000. The company income tax rate is 30%. The amount that Rosie Ltd can claim as a tax deduction for bad debts for 30 June 2021 is: Select one: a. $5,850 b. $30,500 C. $25,000 d. $19,500

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