Robertson Company had accounts receivable of \(\$ 200,000\) at December 31, 200X, and had provided an allowance for uncollectible accounts of \(\$ 6,000\). After performing all normal auditing procedures relating to the receivables and to the valuation allowance, the independent auditors were satisfied that this asset was fairly stated and that the allowance for uncollectible accounts was adequate. Just before completion of the audit fieldwork late in February, however, the auditors learned that the entire plant of Thompson Corporation, a major customer, had been destroyed by a flood early in February and that as a result Thompson Corporation was hopelessly insolvent.

The account receivable from Thompson Corporation in the amount of \(\$ 44,000\) originated on December 28; terms of payment were net 60 days. The receivable had been regarded as entirely collectible at December 31, and the auditors had so considered it in reaching their conclusion as to the adequacy of the allowance for uncollectible accounts. In discussing the news concerning the flood, the controller of Robertson Company emphasized to the auditors that the probable loss of \(\$ 44,000\) should be regarded as a loss of the following year, and not of \(200 \mathrm{X}\), the year under audit. What action, if any, should the auditors recommend with respect to the receivable from Thompson Corporation?