Davis Ltd Provided the Following Information for the Year Ended

Multiple Choice

Davis Ltd provided the following information for the year ended 30 June 2020.
$$\begin{array} { l r } \text { Sales } & \$ 345000 \\\text { Accounts receivable 1 July 2019 } & 60000 \\\text { Accounts receivable 30 June 2020 } & 50000 \\\text { Bad debts written off during the year* } & 26000\end{array}$$
Direct method (DR Bad debts expense $26 000; CR Accounts receivable $26 000) .
Cash receipts from customers for the year ending 30 June 2020 were:

A) $309 000.
B) $329 000.
C) $361 000.
D) $381 000.