Profit for T Co. in 20X3 was $59,156 (in thousands) . There was a deduction from profit on the statement of cash flows for $2,781 (in thousands) for the change in trade receivables. The trade receivables balance on December 31, 20X3 was $79,024 (in thousands) . How much was the trade receivables balance on December 31, 20X2?
A) $56,375
B) $61,937
C) $76,243
D) $81,805
Correct Answer:
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