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58 How much is the amortized cost on December 31, 2020?* (1 Point) ABC Company han the fullowing data relating to accounts receivable for the

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58 How much is the amortized cost on December 31, 2020?* (1 Point) ABC Company han the fullowing data relating to accounts receivable for the your anded December 31, 20201 Account Receivable, January 1- F325,000 Allowance for Bad Debts, January 1. P18,400 Sales during the poor, all on account, tom 5/10,3/15, n/30- P2,800 000 Cach received from costconon during the your- P2,380,000 Account written all during the year- P17,500 Soles rotorem and allowances- P14,280 An analyst of cach rocolved from anomen during the your revealed that P1,140,000 us received from antonun aelling iim 10-day discount period, P873,000 we received from astoman ovalling the 15-day discount portod, P12,090 represented recovery of accounts written all, and the bales wor received from customan paying bayand the discount parked. ABC Company's year-and balance of allowance for bod debi was estimated to be 596 of the outsfondle accounts receivable os of December 31. 2020. based on the coing of the account. O P708,909 O P733,209 O P718,209 P732,309

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