A2Z Events
the Following Information Is from the Company's Records

A2Z Events
The following information is from the company's records for Year 1:
$\begin{array}{llr} \text {Credit sales during the year } &\$2,400,000\\ \text { Accounts receivable-December 31, Year 1 } &410,000\\ \text {Allowance for doubtful accounts-December 31, Year 1 } &55,000\\ \text {Bad debt expense for the year } &70,000\\\end{array}$

-Refer to the figure A2Z Events.What amount will the company show on its year-end balance sheet for the net realizable value of its accounts receivable?

A) $285,000
B) $340,000
C) $355,000
D) $410,000