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16) After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $479,000 and Allowance for

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16) After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $479,000 and Allowance for Doubtful Accounts has a balance of $30,000. What is the net realizable value of the accounts receivable

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