The allowance for uncollectible accounts of a company has a balance, before year-end adjustments, of 24.200. After a careful review of the collections process, management decided to write-off receivables for an amount of 33.100. Account receivables has an ending debit balance of 432.000. The estimate for non-collections that the company has been applying over the last years, has been 5%.

What would be the amount which would reflect on the income statement the effect of all these adjustments taking place in the receivables account at year end?

Select one:

a. I want to leave this question blank

b. 21,600

c. 30,500

d. 12,700

e. 35,700