At the beginning of a period, trade receivable balances stood at $30000 and by the end they had reached $38000. Over the same period: credit sales: $60000 irrecoverable debt written off: $1000 customer discounts allowed: $2000 What amount did the company collect from its customers during the period?
- A$49000
- B$52000
- C$65000
- D$68000