8. On the first day of Year Two, the Bridgewater Corporation holds accounts receivable of $600,000 and an allowance for doubtful accounts of $25,000 for a net realizable value of $575,000. During the year, credit sales were $520,000, and cash collections amounted to $450,000. In addition, $28,000 in receivables were written off as uncollectible. If 8 percent of ending accounts receivable is estimated as uncollectible each year, what is the net accounts receivable balance reported at the end of Year Two on Bridgewater's balance sheet? Y-2. AIR a) $603,400 Gook 450k opkast - b) $513,400 520k (281 34 1154369 c) $590,640 ADA d) $600,400 692194 5 1360 e) $593,640 AOA 8% 642K