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All-Star Auto has an accounts receivable balance for 2021 of $190,000. Management aged the accounts receivable and estimated the uncollected account percentages as follows: $100,000

All-Star Auto has an accounts receivable balance for 2021 of $190,000. Management aged the accounts receivable and estimated the uncollected account percentages as follows:

$100,000

Current at 3%

$50,000

1-30 days past due at 5%

$30,000

31-60 days past due at 10%

$10,000

60+ days past due at 50%

Net A/R is:

a.$190,000

b.Net A/R cannot be determined based on the information provided.

c.$13,500

d.$176,500

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