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Massy Stores uses the gross method to record sales made on credit. On June 1 0 , 2 0 2 4 , it made sales

Massy Stores uses the gross method to record sales made on credit. On June 10,2024, it made sales of $100,000 with terms 2/10, n/30 to Kentry Farms, Inc. On June 19,2024, Massy Stores received payment for 1/2 the amount due from Kentry Farms. Massy Stores fiscal year end is on June 30,2024. What amount will be reported in the statement of financial position for the accounts receivable due from Kentry Farms, Inc.? $Answer 1 Question 2

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