A company that uses the allowance method,

writesoff a receivable of $5,000. Prior to the journal entry, the credit balance in the Allowance for Uncollectible Accounts was $21,432 and Accounts Receivable were $2,008,000. After the entry to writeoff the receivable is made, the net realizable value of Accounts Receivable will be:

A.

$1,981,568.

B.

$2,008,000.

C.

$1,986,568.

D.

$2,003,000.