16. Grandview, Incorporated uses the allowance method. At December 31, 2021, the companys balance sheet reports Accounts Receivable, Net in the amount of $19,000. On January 2, 2022,Grandview writes off a $1,900 customer account balance when it becomes clear that the customer will never pay. What is the amount of Accounts Receivable, Net aer the write-off? A. $17,100

B. $1,900

C. $20,900

D. $19,000

17. On July 1, 2021, Empire Incorporated lends $19,200 to a customer and receives a 9% note due in two years. Interest is due in full on July 1, 2023, the due date of the note. What is the amount of Interest Revenue that will be reported on Empires income statement for the year ended December 31, 2021?

A. $1,728

B. $864

C. $3,456

D. $1,008