The balance in Accounts Receivable at the beginning of the year was $40.000 The balance in Accounts Receivable end of the year was 5740000 Customer account of $480 DOO were written olt. The company collected from credit customers and $1,010,000 from cash customers. What are credit sales for the year? O A $4,540.000 OB. 54 050 000 Oc$4.740.000 OD $4,340.000 A company purchased and well for $320.000 estimates that the well contains 40 000 barrels has an egyre and no salvage value. If the company extracts and sets 6.000 barrels of oil in the first year, how much in cost of sales should be recorded? OA $40,000 OB. 140.000 OC. $32.000 OD $160.000