10. Your Company started this year with a normal balance in Accounts Receivable of $50,000 nothing in the Allowance for Doubtful Accounts. During the year it earned $450,000 of revenue on account and $100,000 of cash sales during the year. It collected $373,000 of its receivables during the year. The company estimated that it will be unable to collect 5% of its current year's sales on account. Calculate tlie net realizable value of the receivables at year end. A $125,000 B $147,500 (3 $102,500 0. $ 52,500 E. $ 71,250