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MARIANE SOMILLA File Home Draw Layout Mailings View Help Grammarly Shane 45. The financial statements of Anne Company included in the following information for 2020; January 1 Dec. 31 Accounts receivable 1,200.000 Allow. for doubtful accounts 60.000 Sales 8,000,000 Cash collected from customers 7,000.000 The cash collections included a recovery of P10,000 from a customer whose account had been written off as worthless in 2019. During 2020, it was necessary to recognized doubtful accounts expense of 100,000 and write-off worthless customers' accounts 30,000. On December 1, 2020, a customer settled an account by issuing a 12% six month note for 400,000. What is the net realizable value of accounts receivable on December 31, 2020? P Type here to search 301 PM