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Question - Use the information in the table to answer the question below about Mary's Boutique
YEAR
SALES
CASH COLLECTIONS
WRITE OFFS
2002
450,000
410,000
35,000
2003
500,000
25,000
2004
800,000
590,000
47,000
2005
820,000
750,000
20,000
If Mary's Boutique uses the direct write off method, what is the balance in Accounts Receivable at the end of 2005?
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