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Question - Calistoga Produce estimates bad debt expense at 0.60% of credit sales. The company reported accounts receivable and allowance for uncollectible accounts of $485,000 and $1,540, respectively, at December 31, 2020. During 2021, Calistoga's credit sales and collections were $329,000 and $301,000, respectively, and $1,770 in accounts receivable were written off. What the Calistoga's accounts receivable at December 31, 2021?
Financial Statement Analysis and Preparation
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