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 $ 34,000 Accounts written off as uncollectible during 2019 23,000 Accounts receivable at 12/31/19 650,000 Uncollectible accounts recovered (or reinstated) during 2019 5,000 For the year ended December 31, 2019, Twins' bad debts expense would be: O $50,000. O $16,000. O $34,000. O None of the answer choices is correct. O $23,000