At the close of its first year of operations on December 31, 2014, Clemens Company had accounts

Question:

At the close of its first year of operations on December 31, 2014, Clemens Company had of $300,000, which were net of the related allowance for doubtful accounts.
During 2014, the company had charges to the provision for bad debts of $25,000 and wrote off of $15,000 that it deemed to be uncollectible.

Required:
What should Clemens Company report on its at December 31, 2014, as before the allowance for doubtful accounts?

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