Melville Company Reported Sales of $700,000,bad Debt Expense of $60,000,and

Melville Company reported sales of $700,000,bad debt expense of $60,000,and an increase in net accounts receivable of $150,000 during the current year.What is the amount of cash collected from customers for the current year if the company did not record any write-offs during the current year?

A) $550,000
B) $590,000
C) $610,000
D) $640,000