At the end of 2023, Vernon Wells Inc. had the following account balances: Accounts ...

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Accounting

At the end of 2023, Vernon Wells Inc. had the following account balances: Accounts
Receivable: 45,000 & Allowance for Doubtful Accounts: and $18,000. Bad debt
expense for the year was $5,700. At the end of the 2023, what does the company
ultimately expect to collect from customers (Net Realizable Value or NRV)?
$12,300
$21,300
$23,700
$27,000
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