this year Accounts receivable Allowance for uncollectibles Inventory Prepaid supplies Accounts payable Credit sales Cash sales Cost of goods sold Bad debt expense 97,500 1,950 130,000 10,500 65,000 425,000 125,000 225,000 7,500 last year 115,000 2,300 120,000 10,000 55,000 Consider accounts receivable and its allowance, and determine how much cash was collected on credit sales during the current year. Select one: a. $434,650 b. $442,500 C. $407,500 d. $450,350 e. None of the above