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The following information was taken from Twitter 10-K form (Annual report) filed with the Securities and Exchange Commission (SEC) TWITTER, INC. CONSOLIDATED BALANCE SHEETS (In

The following information was taken from Twitter 10-K form (Annual report) filed with the Securities and Exchange Commission (SEC)

TWITTER, INC.

CONSOLIDATED BALANCE SHEETS

(In thousands)

ASSETS

31-Dec-15

31-Dec-16

Current assets:

Cash and cash equivalents

911,471

988,598

Short-term investments

2,583,877

2,785,981

Accounts receivable, net of allowance for doubtful accounts of $8,121 and $7,216 as of 31-Dec-15 and 31-Dec-16 respectively

638,694

650,650

Prepaid expenses and other current assets

247,750

226,967

Total current assets

4,381,792

4,652,196

Property and equipment, net

735,299

783,901

Intangible assets

141,015

95,334

Goodwill

1,122,728

1,185,315

Other assets

61,605

153,619

TOTAL ASSETS

6,442,439

6,870,365

The Company records accounts receivable at the invoiced amount. The Company maintains an allowance for doubtful accounts to reserve for potentially uncollectible receivable amounts. In evaluating the Companys ability to collect outstanding receivable balances, the Company considers various factors including the age of the balance, the credit-worthiness of the customer, which is assessed based on ongoing credit evaluations and payment history, and the customers current financial condition.

How much money (in thousands) do customers owe Twitter as of Dec-31-2016 for the services performed by Twitter? Put differently, what is the total value of unpaid invoices as of Dec-31-16?

A. 650,650
B. 638,694
C. 988,598
D. 657,866
E. 658,771

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