Question: The data presented below are for Falconi, Inc. for 2017. Credit sales during the year Accounts receivable-December 31, 2017 Allowance for doubtful accounts-December 31, 2017

The data presented below are for Falconi, Inc. for 2017. Credit sales during the year Accounts receivable-December 31, 2017 Allowance for doubtful accounts-December 31, 2017 Bad debts expense for the year $2,100,000 395,000 20,000 17,000 What amount will Falconi show on its year-end balance sheet for the net realizable value of its accounts receivable? Oa. $20,000 b. $358,000 c. $375,000 Od. $378,000

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