Suppose that Annabelle has overestimated the bad debts For Rover's Sake would have at the end of the year. If she had entered a debit of $10,000 for the bad debts expense account, but only wrote off $5,000 by depleting the allowance for doubtful accounts, which of the following would be true?

Group of answer choices

next year's bad debts expense account should begin with the remaining $5,000

Annabelle should write off whatever amount she needs to up to the maximum in the allowance for doubtful accounts

net income should be higher than stated

more of accounts receivable should be written off