The CHS Company has provided the following information: Accounts receivable written-off as uncollectible during the year amounted to $11,500. The accounts receivable balance at the beginning of the year was $150,000. The accounts receivable balance at the end of the year was $210,000. The allowance for doubtful accounts balance at the beginning of the year was $14,000. The allowance for doubtful accounts balance at the end of the year after the recording of bad debt expense was $12,900. Credit sales during the year totaled $900,000. How much cash was received from collections of accounts receivable? A) $888,500. B) $828,500. C) $690,000. D) $701,500 Warren Company plans to depreciate a new building using the double-declining-balance depreciation method. The building cost $800,000. The estimated residual value of the building is $50,000 and it has an expected useful life of 25 years. What is the buildings book value at the end of the first year? A) $690,000. B) $736,000. C) $686,000. D) $768,000