Vance Refrigeration Inc. had gross accounts receivable of $150,000 at January 1, 2017. Vance recorded the following in 2017:

Credit sales of $200,000;

Bad debt expense of $35,000;

Cash collections of $100,000 related to customer sales made on credit in 2010; and

A write-off of a 2010 account of $15,000 after deciding that the amount would never be collected.

What is Vances gross accounts receivable at December 31, 2017?

(A) $200,000.

(B) $215,000.

(C) $235,000.

(D) $250,000

The answer is C, but please explain why