On January 1,2017,Accounts Receivable and Allowance for Uncollectible Accounts for Darius

Multiple Choice

On January 1,2017,Accounts Receivable and Allowance for Uncollectible Accounts for Darius Company carried balances of $20,000 and $550,respectively.During the year,the company reported $70,000 of credit sales.There were $400 of receivables written off as uncollectible in 2017.Cash collections of receivables amounted to $74,700.The company estimates that it will be unable to collect 5% of the year-end accounts receivable balance. ​
The net realizable value of receivables appearing on the 2017 balance sheet will amount to

A) $14,105.
B) $14,155.
C) $14,900.
D) $15,450.