70. Cash and Receivables Rosalie Corporation does business throughout Europe. The company builds and sells equipment used in manufacturing pharmaceuticals. On December 31, 2022 Rosalie's accounts receivable are as follows: Individually significant receivables Finley Company Rios, Inc. -Rafael Co. 80,000 200,000 120,000 Hunter, Inc. 100,000 500,000 2% 1,000,000 All other receivables Total 7-27 logors 90/03 Rosalie Corporation determines that Finley Company's receivable is impaired by $40,000 and Hunter, Inc.'s receivable is totally impaired. The other receivables from Rafael and Rios are not considered impaired. Rosalie determines that a composite rate of 2% is appropriate to measure impairment on all other receivables. What is the total impairment of receivables for Rosalie Corporation for 2022? a. 156,400 b. 140,000 c. 150,000 d. 123,600 V- Rosalie Corporation . . :

Rosalie Corporation does business throughout Europe. The company builds and-seltsequipment used in manufacturing pharmaceuticals. On December 31, 2022 Rosalie's accounts receivable are as follows: Rosalie Corporation determines that Finley Company's receivable is impaired by $40,000 and Hunter, Inc.'s receivable is totally impaired. The other receivables from Rafael and Rios are not considered impaired. Rosalie determines that a composite rate of 2% is appropriate to measure impairment on. all other receivables. What is the total impairment of receivables for Rosalie Corporation for 2022 ? a. 156,400 b. 6140,000 c. 150,000 d. 6123,600