Durler Company's Account Balances at December 31 for Accounts Receivable

Durler Company's account balances at December 31 for Accounts Receivable and the related Allowance for Doubtful Accounts are $1,200,000 and $19,500, respectively. From an analysis of accounts receivable, it is estimated that $42,000 of the December 31 receivables will be uncollectible. After adjustment for the above facts, the net realizable value of accounts receivable would be

A) $1,200,000.
B) $1,180,500.
C) $1,138,500.
D) $1,158,000.

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