At the beginning of 2012, EZ Tech Company's Accounts Receivable balance was $140,000, and the balance in Allowance for Doubtful Accounts was $2,350 (Cr.). EZ Tech's sales in 2012 were $1,050,000, 80% of which were on credit. Collections on account during the year were $670,000. The company wrote off $4,000 of uncollectible accounts during the year.

Using the percentage of sales approach, the net realizable value of the receivables is?

Using the percentage of year-end receivables approach, the net realizable value of the receivables is?