Garcia Is a Self-Employed Chiropractor and a Cash Basis Taxpayer

Garcia is a self-employed chiropractor and a cash basis taxpayer. During the most recent tax year, he provides patient services totaling $400,000. Of that total amount, he estimates $20,000 will never be collected. How much can Garcia deduct as a bad debt expense in the current tax year?

A) $- 0 -
B) $6,000
C) $10,000
D) $14,000
E) $20,000