Question: Use the information in the table to answer the question below about Mary's Boutique YEAR SALES CASH COLLECTIONS WRITE OFFS 2002 450,000 410,000 35,000 2003
Use the information in the table to answer the question below about Mary's Boutique
| YEAR | SALES | CASH COLLECTIONS | WRITE OFFS |
| 2002 | 450,000 | 410,000 | 35,000 |
| 2003 | 900,000 | 450,000 | 25,000 |
| 2004 | 800,000 | 590,000 | 47,000 |
| 2005 | 820,000 | 750,000 | 20,000 |
If Mary's Boutique uses the direct write off method, what is the balance in Accounts Receivable at the end of 2005?
Multiple Choice
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$2,970,000
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$50,000
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$770,000
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$127,000
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$643,000
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