The information below is given. Trade receivables balance at the beginning of the year: $48\,000$ Trade receivables balance at the end of the year: $65\,300$ Trade discount allowed to credit customers: $3\,000$ Cash discount used by credit customers: $4\,500$ Irrecoverable debt written off in the year: $6\,200$ Annual increase in the allowance for irrecoverable debts: $2\,700$ Cash collected from credit customers in the year: $516\,000$ Calculate the total value of credit sales for the year.
- A$541\,000$
- B$544\,000$
- C$546\,700$
- D$547\,000$