Shelley does not keep a complete set of accounting records, but she was able to supply the information below. sales for the year ended 31 August 2023 (80% of which were on credit): $97\,500$ amounts received from trade receivables during the year ended 31 August 2023: $71\,500$ amount owing by trade receivables on 31 August 2023: $14\,000$ How much was owed by the trade receivables on 1 September 2022?
- A$6\,500$
- B$7\,500$
- C$12\,000$
- D$20\,500$