Before year-end adjusting entries, Bass Company's account balances at December 31, 2007 for accounts receivable and the related allowance for uncollectible accounts were $600,000 and $45.000, respectively An aging of accounts receivable (ie, a refined version of percentage of accounts receivable as uncollectible) indicated that $62,500 of the December 31 receivables are expected to be uncollectible. The net realizable value of accounts receivable after adjustment is $582,500 $537,500 $492,500 $555,000