On december 31, 2016, the end of larry's used cars' first year of operations, the accounts receivable was $53,600. the company estimates that $1,200 of the year-end receivables will not be collected. accounts receivable in the 2016 balance sheet will be valued at: select one:
a. $1,200.
b. $52,400.
c. $53,600.
d. $54,800.
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