Answer:
Nate's capital will be credited with $56500
Note; the correct answer is not in the options provided
Explanation:
Given Data:
Account receivable = $60700
Allowance for doubtful account = $9400
Cash flow = $5200
using the formula;
Net accounts receivable =Account receivable- Allowance for  Â
                                      doubtful account
Substituting, we have
Net accounts receivable = Â $60700-$9400
                      = $51300
The formula for calculating total initial contribution is given as;
Total initial contribution = Cash flow + net account receivable
Substituting into the formula, we have
Total initial contribution = $5200 + $51300
                     =$56500
Therefore, Nate's capital will be credited with $56500
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