The following information relates to Halloran Co.'s accounts receivable for 2016: Accounts receivable balance, 1/1/2016 $ 840,000 Credit sales for 2016 3,390,000 Accounts receivable written off during 2016 67,000 Collections from customers during 2016 3,090,000 Allowance for uncollectible accounts balance, 12/31/2016 206,000 What amount should Halloran report for accounts receivable, before allowances, at December 31, 2016? Multiple Choice 1. $1,073,000. 2. $1,140,000. 3. $867,000. 4. None of these answer choices are correct.
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