At the beginning of the current period, Hughes Corp. had balances in accounts receivable of $200,000 and in allowance for doubtful account of $9,000 (credit)

Prepare the entries to record the following tracsactions during the period.

1) Hughes has net credit sales of $800,000 and collections of $743,000

2)Hughes wrote off as uncollectible account receivable of $7,000

3) A $4,000 account previously written off as uncollectible was recovered before the end of the current period

4) uncollectible account are estimated to total $25,000 at the end of the period.

5)What is the net realizable value of the receivable at the end of the period?