On December $31,2024,$ the end of Larry's Used Cars' first year of operations, the accounts receivable was $$53,600.$ The company estimates that $$1,200$ of the year$-$end receivables will not be collected. Net accounts receivable in the $2024$ balance sheet will be valued at:

Multiple Choice

$$52,400.$

$$54,800.$

$$53,600.$

$$1,200.$