Josie's Company has an Allowance for Doubtful Accounts balance on December 31, 2019 of $1,500. During 2020, they had Receivable Write-offs of $1,000, Receivable Recoveries of $300, and a year-end Bad Debt estimate of $1,000. The Gross Receivables on December 31, 2020 were $12,000. What is the Net Receivable value on December 31, 2020?

Group of answer choices

A: $8,800

B: $11,000

C: $12,000

D: $10,200