The balance sheet of Rogers Company reports: accounts receivable (less allowance for doubtful accounts of $25,700), $695,500. Therefore Rogers Company's gross accounts receivable must be $721,200.

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The gross accounts receivable is calculated by adding the allowance for doubtful accounts ($25,700) to the net accounts receivable ($695,500), which equals $721,200.

The Balance Sheet of Rogers Company Reports: Accounts Receivable (Less