At the end of January, the unadjusted trial balance of Fred, Inc, included the following accounts Credit $150,000 Debit Sales (80% represent credit Accounts Receivable sales) . . . . . . . . . . . . . . . . . . . $110.000 880 Fred estimates bad debts expense to be 2% of credit sales. After the adjusting entry is made, the net realizable value of Fred's accounts receivable in the January 31 balance sheet is: OA $106,720 O B. $117,600 O C.$108,480 OD$107,600