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What would be Inge impairment loss

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Question - Inge. Co. determined that the net value of its Accounts receivable at December 31, 2018, based on an aging of the receivables, was $325,000. Additional information is as follows:

Accumulated impairment account 1/1/2018 $30,000

Uncollectible accounts written off during 2018 18,000

Uncollectible accounts recovered during 2018 2,000

Accounts Receivable at 31/12/2018 350,000

For 2018, what would be Inge's impairment loss?

Reference no: EM132595211

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