During 2020, Incredibles Corp. had net sales of $500,000. As of December 31, 2020, before adjusting entries, Incredibles had a $126,000 debit balance in accounts receivables, and a $1,300 credit balance in allowance for doubtful accounts. Incredibles Corp. estimates that 1% of its receivables will prove to be uncollectible. After adjusting entries, what would be the net realizable value of the accounts receivables reported on Incredible Corp.'s balance sheet at December 31, 2020? OA. $123,440 OB. $126,000 OC. $126,040 O D. $124,740