Becky Had Net Sales (All on Account) in 2014 of $600,000

Multiple Choice

Becky had net sales (all on account) in 2014 of $600,000. At December 31, 2013, before adjusting entries, the balances in selected accounts were: accounts receivable $750,000 debit, and allowance for doubtful accounts $1,500 debit. Becky estimates that 3% of its net sales will prove to be uncollectible. What is the net realizable value of the receivables reported on the financial statements at December 31, 2014?

A) $133,500
B) $730,500
C) $732,000
D) $733,500