Lithotech, Inc had net sales in 2018 of $900,000 At December 31, 2018, before adjusting entries the balances in selected accounts were accounts receivable $124.000 debit, and allowance for doubtful accounts $1,600 credit. Lithotech estimates that 3% of its receivables will prove to be uncollectible. What is the net realizable value of the receivables reported on the statement of financial position at December 31, 2018 after adjusting entries? O A. $120.280 OB. $118,680 OC. $121,880 OD. $124.000 Lithotech Inc had net sales in 2018 of $900,000 At December 31, 2018, before adjusting entries the balances in selected accounts were accounts receivable $124.000 debit, and allowance for doubtful accounts $1,600 credit. Lithotech estimates that 3% of its receivables will prove to be uncollectible. What is the net realizable value of the receivables reported on the statement of financial position at December 31, 2018 after adjusting entries