CASH YEAR SALES COLLECTIONS WRITE OFFS 2002 450,000 410,000 35,000 2003 900,000 450,000 25,000 2004 2005 800,000 820,000 590,000 47,000 750,000 20,000 If Mary's Boutique uses the direct write off method, what is the balance in Accounts Receivable at the end of 2005? Multiple Choice $50,000 $2,970,000 $770,000 $127,000 $643,000