The following item appeared on the December 31, 2011, balance sheet of a company:

Receivables, less allowance of $1,100 ................................. $18,000

On January 1, 2012, the owner of the company wrote off a $1,000 customer account. There were no other transactions on that day. After the write-off, what is the value of the net receivables?

A)$18,000

B)$17,000

C)$16,900

D)$17,900