Fact Pattern: Brighton Corporation uses the allowance method of accounting for credit losses on its internal reports and has used a historical rate of 1.5% of credit sales to estimate its credit loss expense. The aged schedule of Brighton's accounts receivable at November 30, Year 2, based upon past collection experience, is presented below. Days Account Probability Outstanding Amount of Collection 0-30 days $640,000 31-60 days 180,000 .92 61-90 days 95,000 ..75 over 90 days 40,000 .60 $955,000 .98 Total sales for the Year 1-Year 2 fiscal year were $6.5 million, of which 85% was on credit. The allowance for credit losses had a credit balance of $76,500 on December 1, Year 1, and a debit balance of $3,400 on November 30, Year 2, before any entry to record credit loss expense for the Year 1-Year 2 fiscal year. The carrying amount of the net accounts receivable written off by Brighton Corporation during the Year 1-Year 2 fiscal year is A. $76,500 B. $79,900 C. $73,100 D. $66,950