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At the beginning of the current period, Skysong Corp. had balances in Accounts Receivable of...

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Accounting

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At the beginning of the current period, Skysong Corp. had balances in Accounts Receivable of $203,500 and in Allowance for Doubtful Accounts of $8,620 (credit). During the period, it had net credit sales of $739,000 and collections of $813,450. It wrote off as uncollectible accounts receivable of $7,198. However, a $2,978 account previously written off as uncollectible was recovered before the end of the current period. Uncollectible accounts are estimated to total $26,810 at the end of the period. (Omit cost of goods sold entries.) What is the net realizable value of the receivables at the end of the period? Cash (net) realizable value of the receivables at the end of the period

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