Question: Indicate the answer choice that best completes the statement or answers the question. 1. The data presented below is for Craft, Inc. for 2015. Credit

Indicate the answer choice that best completes the statement or answers the question. 1. The data presented below is for Craft, Inc. for 2015. Credit sales during the year Accounts receivable - December 31,2015 Allowance for doubtful accounts- December 31, 2015 Bad debt expense for the year $2,100,000 295,000 28,000 17,000 What amount will Craft show on its year-end balance sheet for the net realizable value of its accounts receivable? a. $295,000 c. $250,000 d. $ 28,000

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