On Cairo Corp At December 31, 2020, the Correct Total of Cairo's Current

Multiple Choice

On Cairo Corp.'s December 31, 2020 statement of financial position, the current receivables consisted of the following:
$\begin{array}{llcc} \text { Trade accounts receivable } &\$74,000 \\ \text {Allowance for doubtful accounts } &(3,500) \\ \text { Claim against shipper for goods lost in transit (Nov. 2020) . } &4,000 \\ \text { Selling price of unsold goods sent by Cairo on consignment } &\\ \text { at 130 percent of cost (not included in Cairo's ending inventory) } &29,000\\ \text {Security deposit on lease of warehouse used for storing } &\\ \text {some inventories. } &\underline{24,000}\\ \text {Total } &\underline{\$127,500}\\\end{array}$
At December 31, 2020, the correct total of Cairo's current net receivables was

A) $78,000.
B) $74,500.
C) $70,500.
D) $66,500.