Question: PLEASE SHOW CALCULATION. THANK YOU :) At what amount will accounts receivable be reported on the balance sheet if the gross receivable balance is $42,500

PLEASE SHOW CALCULATION. THANK YOU :) At what amount will accounts receivable

PLEASE SHOW CALCULATION. THANK YOU :)

At what amount will accounts receivable be reported on the balance sheet if the gross receivable balance is $42,500 and the allowance for uncollectible accounts is estimated at 16% of gross receivables? Select one: a. $35,700 b. $28,900 c. $6,800 d. $42,500

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