The debtors balance in the books of a sole trader at the year-end is 35,000. Of this amount 2,500 will never be paid as the debtor has been declared bankrupt. The sole trader estimates that he should allow a provision of 2% of debtors for further bad debts. The provision for bad debts already appearing in the trial balance is 750. The debtors figure shown under current assets on the year end statement of financial position should be:

Select one:

a. $34,300

b. $32,500

c. $32,850

d. $31,750