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In its December 31, 2021 financial statements, Eliptical Co reports gross accounts receivable of $200,050, bad debt expense of $4,025 and allowance for bad debt
In its December 31, 2021 financial statements, Eliptical Co reports gross accounts receivable of $200,050, bad debt expense of $4,025 and allowance for bad debt of $6,000. During 2021, Eliptical also wrote off $3,080 in accounts receivable and collected $325,060 from customers. Calculate Net Accounts Receivable at December 31, 2021
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