The sales ledger control account of a trader showed a debit balance of $28500 at the end of the financial period. This did not agree with the total of the individual trade receivables accounts in the sales ledger. The following errors were discovered. 1 A dishonoured cheque for $300 from a credit customer had been entered on the credit side of the sales ledger control account. 2 Contras of $500 entered correctly in the sales ledger had been omitted from the sales ledger control account. 3 Discounts allowed of $700 had not been entered in the sales ledger control account. Which figure should be used for trade receivables in the financial statements?