What calistoga accounts receivable at december

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Calistoga Produce estimates bad debt expense at 0.40% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $482,000 and $1,500, respectively, at December 31, 2020. During 2021, Calistoga's credit sales and collections were $326,000 and $311,000, respectively, and $1,810 in accounts receivable were written off.

Question 1: Calistoga's accounts receivable at December 31, 2021, are:

Multiple Choice

Option 1: $465,190.

Option 2: $480,190.

Option 3: $497,000.

Option 4: $495,190.

Reference no: EM132584504

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