Prior to recording the write-off of a $35,000 customer account and the adjusting entry for bad debt expense for the year, the general ledger reflected the following information: Sales 1253000 Sales Discounts 20000 Accounts Receivable Dec 31560000 Sales Returns \& Allowances 41200 Allowance for Doubtful Accounts 25000 (credit) Prepare the adjusting entry for bad debts assuming it is based on 15% of the ending accounts receivable. What is the year-end net realizable value of accounts receivable