Steel Pty Ltd, an Australian public company, that is not a small business entity, has provided you with the following information for the 2021-22 tax year, so that you can advise the company accountant of its entitlement to any deductions. The company uses accrual accounting for income recognition. Estimated bad debts, $5000 Provision for doubtful debts, $1,000 Debts written off during the year, $4,000 One years advertising paid on 1 January 2022 to a magazine $20,000. The total allowable deduction for Steel Pty Ltd based on these four transactions is

Group of answer choices

a.$14,000

b.$30,000

c.$25,000

d.$15,000