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How much was recognized as bad debt expense

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Question - Cook Co. determined that the net value of its accounts receivable at December 31, 20X4, based on an aging of the receivables, was $235,000. Additional information is as follows:

Allowance for doubtful accounts - 1/1/X4 $40,000

Uncollectible accounts written off during 20X4 $22,000

Uncollectible accounts recovered during 20X4 $8,000

Accounts receivable at 12/31/X4 $270,000

Required - How much was recognized as bad debt expense?

Reference no: EM133139567

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