Outlook Department Store's accounts receivable balance after posting net collections from customers for 2012 is $180,000. The customers took advantage of sales discounts of $15,000. Management aged the accounts receivable and estimate for uncollected account percentages as follows: The net realizable value of the accounts receivable is:
A) $173,200.
B) $170,200.
C) $172,700.
D) $180,000.
Correct Answer:
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