Question: Allen Enterprises issues a $ 4 , 5 0 0 , 5 % , six - month note receivable to Wells Manufacturing. Allen also issues

Allen Enterprises issues a $4,500,5%, six-month note receivable to Wells Manufacturing. Allen also issues a $6,000,4%, six-month note receivable to Felde Incorporated. What is the cash realizable value if Allen estimates uncollectible as 2% of total Notes Receivable?
$10,035
$10,080
$9,975
$10,290
Allen Enterprises issues a $ 4 , 5 0 0 , 5 % ,

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