At January 1, 2023, Vy6r3 Company had accounts receivable of $220,000 and an allowance for doubtful accounts with a $15,000 credit balance.

During 2021, Vy6r3 Company reported the following information: Write-offs of uncollectible accounts ................ $ 39,260

Cash collections from credit customers .............. $165,210

Net credit sales .................................... $363,560

Recoveries of previously written-off accounts ....... $ 13,640

Vy6r3 Company estimates bad debt expense using the net credit sales method and has estimated that 5% of its net credit sales will be uncollectible. Calculate Vy6r3 Company's net realizable value at December 31, 2021.