Issue w/stereo track & "one track per channel" quality

So I'm working on a project right now, and I've encountered a problem with a stereo .wav music track I added, where it's fine in the timeline, but upon exporting as an mp4, only renders one side of the stereo. As per this thread, I unchecked "One track per channel," which fixed this problem, but introduced another. It made the audio basically unusable-- low quality and very compressed and artifacty.
I've tried different render settings as well as a bunch of different formats in the clip attributes(like switching to 5.1 and muting unused channels), but nothing seems to work to where I can have both stereo channels and in good quality.
DaVinci Resolve Version 16.2.7, Windows 10
QUICK UPDATE:
I tried it in VLC Player, and uploading to YouTube, and both of these play only the LEFT side of the stereo clip through both speakers, while Windows 'Movies & TV' app seems to do the RIGHT side stereo through both speakers. The audio cutting out and video skipping seems to only happen in 'Movies & TV' when I set clip attributes of each side of the linked group to the corresponding half of the stereo signal instead of the default Mono.
I've tried different render settings as well as a bunch of different formats in the clip attributes(like switching to 5.1 and muting unused channels), but nothing seems to work to where I can have both stereo channels and in good quality.
DaVinci Resolve Version 16.2.7, Windows 10
QUICK UPDATE:
I tried it in VLC Player, and uploading to YouTube, and both of these play only the LEFT side of the stereo clip through both speakers, while Windows 'Movies & TV' app seems to do the RIGHT side stereo through both speakers. The audio cutting out and video skipping seems to only happen in 'Movies & TV' when I set clip attributes of each side of the linked group to the corresponding half of the stereo signal instead of the default Mono.