On December 31, 2022, Golden Chemical Co. reports an ending balance in accounts receivable (before any adjustments) of $175,000 and an unadjusted balance in its allowance for doubtful accounts of negative $7,800. Golden Chemical Co. uses the allowance method to account for uncollectible accounts. Using the analysis of receivables method, Golden Chemical Co. computes bad debt expense for the year ended December 31, 2022 of $4,400. Compute the net realizable value of accounts receivable on December 31, 2022 after the adjustment for bad debt expense is recorded. 178,400