Question: Assignment art Time: 08:03 PM / Remaining: 64 min. CALCULATOR PRINTER VERSION 4 BACK NEXT RCES Question 8 . The following information is related to

Assignment art Time: 08:03 PM / Remaining: 64 min. CALCULATOR PRINTER VERSION 4 BACK NEXT RCES Question 8 . The following information is related to December 31, 2021 balances. Accounts receivable $1530000 Allowance for doubtful accounts (credit) (114000) Cash realizable value 1416000 . During 2022 sales on account were $398000 and collections on account were $236000. The company wrote off $23200 in uncollectible accounts. An analysis of outstanding receivable accounts at year end indicated that bad debts should be estimated at $144000. The change in the cash realizable value from the balance at 12/31/21 to 12/31/22 was $108800 increase. O $154800 increase O $134000 increase. O $132000 increase

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