Blackmon Corporation's December 31, 2018, balance sheet disclosed the following information relating to its receivables 1 Accounts Receivable Less Allowance for doubtful accounts Notes Receivable Total receivables BLACKMON COMPANY Partial Balance Sheet i December 31, 2018 $245,000.00 (15,000.00) $250,000.00 50,000.00 $280,000.00 The company has a recourse Sability of $700 related to a note receivable sold to a bank During 2019 credit sales (terms nEOM) totaled $2 200.000, and collections on accounts receivable junassigned) amounted to $1.900.000 Uncollectible accounts totaling 315.000 from several customers were weten off and a $1 350 accounts receivable previously written off was collected Additionally, the following transactions relating to Blackmon's receivables occured during the year