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The December 31, 2018, balance sheet of the Kramer Company had Accounts Receivable of $650,000...

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Accounting

The December 31, 2018, balance sheet of the Kramer Company had Accounts Receivable of $650,000 and a credit balance in Allowance for Doubtful Accounts of $33,000. During 2019, the following transactions occurred: sales on account $1,420,000; collections from customers, $1,250,000; accounts written off, $35,000; previously written off accounts of $5,000 were reinstated and the cash was collected.

Determine the December 31, 2019 ending balance for Accounts Receivable.!!!

$785,000

$1,290,000

$2,075,000

$820,000

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