A receivables ledger control account at 1 may had balance of $ 32,750 debit and $ 1,275 credit. During May, sales of $125,000 were made on credit.Receipts from customers amounted to $122,500 and cash discounts of $550 were allowed. Refunds of $ 1,300 were made to customers. What should the closing balances at 31 may amounted to? A.$ 35,175 debit and $3,000 credit B. $ 36,675 debit and $2,500 credit C. $ 36,725 debit and $2,000 credit D. $ 36,725 debit and $1,000 credit Please show all the calculations!