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16 (2 points) Pluto Inc.'s accounts receivable (gross) ending balance is $150,000. The allowance for uncollectible has a beginning credit balance of $1,000. Management has
16 (2 points) Pluto Inc.'s accounts receivable (gross) ending balance is $150,000. The allowance for uncollectible has a beginning credit balance of $1,000. Management has determined there are the following uncollected accounts, including the corresponding aging of accounts receivable and uncollected percentages: $100,000 that are 1 to 30 days past due at 2%, and $50,000 that are 31 to 60 days past due at 10%. What is the net realizable value of the accounts receivable? 143,000 147,500 148,000 150,000
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