Twins Co. prepared an aging of its accounts receivable at December 31, 2019 and determined that the net realizable value of the receivables was $600,000. Additional information is available as follows: Allowance for uncollectible accounts at 1/1/19-credit balance Accounts written off as uncollectible during 2019 Accounts receivable at 12/31/19 Uncollectible accounts recovered (or reinstated) during 2019 $ 34,000 23,000 650,000 5,000 For the year ended December 31, 2019, Twins' bad debts expense would be: $50,000. $16,000. $34,000. None of the answer choices is correct. $23,000.