QUESTION 16 2 poin At the close of its first year of operations, Namath Company had accounts receivable of $1,080,000, after deducting the balance in the allowance for doubtful accounts. During the year, the company had charges to bad debt expense of $180,000 and wrote off, as uncollectible, accounts receivable of $80,000. What should the company report on its balance sheet as gross accounts receivable? O A. $1,340,000 B. $1,180,000 C. $980,000 D. $880,000