Detailed explanation for 37 please

4. Buzz Corporation uses the allowance method to account for its projected bad debt. At the end of 2007 Buzz estimates that $15,000 of the existing accounts receivable will not be collected (this was determined after analyzing an aging report). Buz rpored the folloving acoutactivity durie 207. Accounts Receivable balance at 1/1/2007 $200,000 $10,000 $895,000 $5,000 $1,000,000 Allowance for doubtful accounts 1/1/2007 Cash Collections Write Offs of customer accounts Credit Sales-2007 Given the above information, what is the ending balance in the Accounts Receivable account? A. $290,000 B. $305,000 C. $300,000 D. $285,000 E. $310,000 Zoo , ??? ,000,004 7,990 300