Fabricio,Inc.is an accrual-basis corporation.It ages its receivables to calculate the addition to its reserve for bad debts.The following were reported during the current year: 
The amount deductible for bad debt expense on Fabricio's tax return for the current year is:
A) $18,000
B) $25,000
C) $40,000
D) $43,000
Correct Answer:
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