Question: Inge Co. determined that the net value of its accounts receivable at December 31, 2011, based on an aging of the receivables, was $325,000. Additional

Inge Co. determined that the net value of its accounts receivable at December 31, 2011, based on an aging of the receivables, was $325,000. Additional information is as follows:

Allowance for uncollectible accounts—1/1/11 $ 30,000 Uncollectible accounts written off during 2011 18,000 Uncollectible accounts recovered during 2011 2,000 Accounts receivable at 12/31/11 350,000 For 2011, what would be Inge’s uncollectible accounts expense?

a. $ 5,000

b. $11,000

c. $15,000

d. $21,000

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