The Stevens Company provided $45,000 of services on account during 2012, its first year in operation. During 2012, Stevens collected $34,000 of cash from its receivables accounts. The company estimates that it will be unable to collect 2% of its revenues on account. The amount of net realizable value of receivables on the company's 2012 balance sheet was Select one: a. $14,400 O b. $10,100 O c. $12,350 O d. $1,350