During 2017 Sedgewick Inc

Multiple Choice

During 2017 Sedgewick Inc. had sales on account of $528,000, cash sales of $216,000, and collections on account of $336,000. In addition, they collected $5,800 which had been written off as uncollectible in 2016. As a result of these transactions the change in the accounts receivable balance indicates a

A) $402,200 increase.
B) $192,000 increase.
C) $186,200 increase.
D) $408,000 increase.