49. M Company has the following information available before recording the adjustment at the end of the year: Accounts Receivable $900,000 Allowance for Doubtful Account's per book adj. $15,000 credit Bad Debt Expense calculated by using method $40,000 The cash (net) realizable value of the accounts receivable at the end of the year after adjustment A. 885,000 B. 860,000 C. 900,000 D. 845,000 E. None of the above