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The following information relates to B.L.E.U. Co.'s accounts receivable for 2022: Beginning balance of Accounts receivable on 1/1/2022 $ 1,312,500 Credit sales for 2022 5,156,250
The following information relates to B.L.E.U. Co.'s accounts receivable for 2022: Beginning balance of Accounts receivable on 1/1/2022 $ 1,312,500 Credit sales for 2022 5,156,250 Collections from customers during 2022 4,843,750 Accounts receivable written off during 2022 109,375 Ending balance of Allowance for uncollectible accounts on 12/31/2022 328,125 At the end of 2022, what is the net amount of accounts receivable? (Hint: Net amount of accounts receivable Ending balance of Accounts Receivable - Ending balance of Allowance for Uncollectible Accounts) $1,515,625 It cannot be determined. $884,375 O $1,187,500
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