In the balance sheet at the end of its first year of operations, Dinty Incorporated reported an allowance for uncollectible accounts of $83,800. During the year, Dinty wrote off $30,900 of accounts receivable it had attempted to collect and failed. Credit sales for the year were $2,300,000, and cash collections from credit customers totaled $1,910,000.

What accounts receivable balance would Dinty report in its first year-end balance sheet?

Multiple Choice

$306,200

$359,100

$337,100

None of these answer choices are correct.