At December 31, 2019, Bacardi Company had $500,000 in Accounts Receivable and $20,000 in the Allowance for Doubtful Accounts.All sales made by Bacardi are on account.During 2020, Bacardi recorded the following transactions: $2,000,000 in sales;$2,100,000 collected from customers;$27,000 in accounts were written off as uncollectible; and bad debt expense for the year ended December 31, 2020 was $31,000.When preparing their December 31, 2020 balance sheet, the amount Bacardi Company would report as net accounts receivable is:

A) $373,000

B) $400,000

C) $349,000

D) $369,000