Question 6 6.66 pts At the beginning of the year, a company had accounts receivable of $700,000 and an allowance for doubtful accounts with a credit balance of $60,000. During the current year, sales on account were $195,000 and collections on account were $110,000. Also during the current year, the company wrote off $10,000 in uncollectible accounts. At year-end, an analysis of outstanding accounts receivable indicated that the allowance for doubtful accounts should have a $32,000 credit balance so the company records the appropriate year-end adjusting entry. How much did the cash realizable value change during the current year? O $97,000 increase O $114,000 increase O $127,000 increase $103,000 increase O $28,000 decrease