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 17