CK Inc. had net sales in 2020 of $800,000. On Dec. 31, 2020, the following information was listed which was about the balances in selected accounts before adjusting entries:

Accounts receivable debit balance: $150, 000

Allowance for doubtful accounts debit balance: $1,500

Estimated uncollectable receivable: 2% of net sales

At Dec. 31, 2020, on the CK Inc.s statement of financial position, what is the cash realizable value of the receivables?