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McKinney Corp has the following account balances at year-end: A/R ..........................................................$250,000 Allowance for bad debts ................................8,300 Sales discounts .............................................4,500 McKinney should report accounts receivable at

McKinney Corp has the following account balances at year-end:

A/R ..........................................................$250,000

Allowance for bad debts ................................8,300

Sales discounts .............................................4,500

McKinney should report accounts receivable at a net amount of

Select one:

A. $237,200

B. None of the above

C. $241,700

D. $245,500

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