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What balance would thumper report as accounts receivables

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The Thumper Co. has $112,000 of receivables from customers at the end of 2019. The chart below lists the age of the receivables and Thumper's assessment of the percentage estimated as uncollectible

Days past due      Receivables        Probability not collected

0                            $65,000                      2%

1-30                         $24,000                      5%

31-60                     $15,000                        11%

past 60                    $8,000                        16%

total                          $1                             12,000

Problem 1: What balance would Thumper report as Accounts Receivables, Net, at the end of 2019?

Reference no: EM132648429

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