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Practice HW Ending Week 11 Context: a large Brazilian company, is reporting some financial data as part of their company statistic safekeeping. Your job is

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Practice HW Ending Week 11 Context: a large Brazilian company, is reporting some financial data as part of their company statistic safekeeping. Your job is to analyze the following statements and report on the best solution based on the answer choices below. Only select one answer choice and report back to your team. A Company reported a balance in their Accounts Receivable account of $42,500 on 1/1, Year 2. During Year 2, the company collected $255,000 from its customers to whom they sold on account. On 12/31, Year 2, the company reported a balance in Accounts Receivable of $81,000. How much were the company's credit sales for Year 2? A. $216,500. B. $259,000. C. $293,500. D. $297500. E. $336,000

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