Lloyd Products is undecided about which base to use in estimating uncollectible accounts. On December 31, 2019, the balance in Accounts Receivable was $680,000 and net credit sales amounted to $3,600,000 during 2019. An aging analysis of the accounts receivable indicated that 2.5 percent of accounts are expected to be uncollectible. Past experience has shown that about 1/2 of 1% of net credit sales eventually are uncollectible. Determine the Net Realizable Value of Accounts Receivable on December 31, 2019 using the percentage of sales basis assuming that the Allowance for Doubtful Accounts has a credit balance of $3,600 before adjustment. $659,800 $662,000 $665,600 $658,400