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An analysis and aging of the accounts receivable of Skysong, Inc. at December 31 reveal these data:
Accounts receivable $3140000
Allowance for doubtful accounts per books before adjustment (credit) 240000
Amounts expected to become uncollectible 294000
Problem 1: What is the cash realizable value of the accounts receivable at December 31 after adjustment?
A. $2606000
B. $2900000
C. $3140000
D. $2846000
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