Culp Company's Accounts Receivable account has a balance of $644,000 and the Allowance for Doubtful Accounts has a debit balance of $1,700 at fiscal year-end prior to adjustment. If the estimate based on the percentage of sales approach to estimating uncollectibles is $39,800, the net realizable value of accounts receivable reported on the balance sheet after adjustment is: Select one: O A. $605,900 O B. $602,500 O C. $604,200 D. $642,300

Culp Companys Mccounts Receivable account has a balance of $6,44,000 and the Allowance for Doubeful Accounts has a debit balunce of 51,700 ar fiscil yeur end prior to adjutiment. If the estimate based on the percentage of sales approach to estimating uncollectibles is $39,800, the net realicable value of accounts receivable reported on the bolance sheet after sifuatment if Solect one: A. 5605,900 A. 5602.500 C. $604,200 D. 5642,300