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Before ad usting entries, Dormont Corp's accounts receivable and allowance for doubtful accounts are $800,000 and $7.000 (credit balance), respectively. Using an aging schedule of

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Before ad usting entries, Dormont Corp's accounts receivable and allowance for doubtful accounts are $800,000 and $7.000 (credit balance), respectively. Using an aging schedule of accounts receivable, it is determined that $44,000 of the accounts receivable would probably be uncollectible Calculate the net realitzable value of Dormont's receivables at year end. Net realizable value

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