On November 30, Sydney Company Had Accounts Receivable of $130,280

Multiple Choice

On November 30, Sydney Company had Accounts Receivable of $130,280. During the month of December, the company received total payments of $160,000 from credit customers. The Accounts Receivable on December 31 was $86,320.
What was the amount of credit sales during December?

A) $373,360
B) $116,040
C) $196,720
D) $63,840