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Eagan Company started the year with a $ 4 , 6 0 0 balance in accounts receivable and a $ 1 5 0 balance in

Eagan Company started the year with a $4,600 balance in accounts receivable and a $150 balance in the allowance for doubtful accounts. The company had credit sales of $12,000, collections on accounts receivable of $13,000, and wrote off uncollectible accounts of $200 during the year. The company believes that 2 percent of its credit sales will be uncollectible. 3. The net realizable value of receivables at the end of the year would be
a. $3,210.
b. $3,350.
c. $3,250.
d. $3,410.

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