The following information relates to XYZ Co.’s accounts receivable for the year just ended:

Accounts receivable,1/1                            $650,000

Credit sales for the year                            2,700,000

Sales returns for the year                                75,000

Accounts written off during the year                40,000

Collections from customers during the year      2,150,000

Estimated future sales returns at12/31            50,000

Estimated uncollectible accounts at12/31          110,000

What amount should Jay report for accounts receivable, before allowances for sales returns and uncollectible accounts, at December31 ?

A. $1200000

B. $1085000

C. $1125000

D. $925000