A business makes a provision for doubtful debts of 4%. At 31 March 2021 the value of trade receivables after deducting the provision was $\$ 153600$. For the year ended 31 March 2022, there
was an increase of $\$ 960$ in the provision for doubtful debts.
What was the value of trade receivables at 31 March 2022 after deducting the provision for doubtful debts?
1 )
$\$ 161000$
2 )
$\$ 170496$
$\$ 176640$
4 )
$\$ 177600$
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