An Analysis and Aging of the Accounts Receivable of Watts

Multiple Choice

An analysis and aging of the accounts receivable of Watts Company at December 31 reveal these data: $\begin{array} { l } \text {Accounts receivable }&\$3,200,000\\ \text { Allowance for doubtful accounts per books before adjustment}&200,000\\ \text { Amounts expected to become uncollectible}&260,000\\\end{array}$
What is the cash realizable value of the accounts receivable at December 31 after adjustment?

A) $2740000
B) $3000000
C) $3200000
D) $2940000