3. Bailey Medical Supply Co., which had no beginning balance in its Accounts Receivable and Allowance for Doubtful Accounts, earned $80,000 of revenue on account during 2017. During 2017, Bailey collected $64,000 of cash from its receivables accounts. In December 2017 the company made an adjusting entry for $800 to record the estimated amount that they will be unable to collect. After all the entries have been recorded what is the amount of net realizable value of receivables on the December 31, 2017 balance sheet? (hint use T accounts) Net Realizable Receivable