On January $1,2009$ the accounts receivable and the allowance for doubtful accounts carried balances of $$20,000($debit$)$ and $$500($credit$),$ respectively. During the year, the company reported revenues of $$100,000$;$30\%$ of which were cash sales. There were $$550$ of receivables written$-$off as uncollectible in $2009.$ Cash collections of receivables amounted to $$74,550.$

If the company estimates bad debts expense to be $1\%$ of credit sales, determine the net realizable value of receivables appearing on the $2009$ balance sheet:

$$14,250$

$$14,150$

$$14,700$

$$14,900$