At the close of its first year of operations, December 31, 2020, Sheridan Company had accounts receivable of $1590000, after deducting the related allowance for doubtful accounts. During 2020, the company had charges to bad debt expense of $260000 and wrote off, as uncollectible, accounts receivable of $123000. What should the company report on its balance sheet at December 31, 2020, as accounts receivable before the allowance for doubtful accounts

Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.