Required information [The following information applies to the questions displayed below.] Roth Incorporated experienced the following transactions for Year 1, its first year of operations: 1. Issued common stock for $80,000 cash. 2. Purchased $230,000 of merchandise on account. 3. Sold merchandise that cost $148,000 for $294,000 on account. 4. Collected $246,000 cash from accounts recelvable. 5. Paid $215,000 on accounts payable. 6. Paid $60,000 of salarles expense for the year. 7. Paid other operating expenses of $49,000. 8. Roth adjusted the accounts using the following information from an accounts recelvable aging schedule. c. What is the net realizable value of the accounts receivable at December 31 , Year 1? Required information [The following information applies to the questions displayed below.] Roth Incorporated experienced the following transactions for Year 1, its first year of operations: 1. Issued common stock for $80,000 cash. 2. Purchased $230,000 of merchandise on account. 3. Sold merchandise that cost $148,000 for $294,000 on account. 4. Collected $246,000 cash from accounts recelvable. 5. Paid $215,000 on accounts payable. 6. Paid $60,000 of salarles expense for the year. 7. Paid other operating expenses of $49,000. 8. Roth adjusted the accounts using the following information from an accounts recelvable aging schedule. c. What is the net realizable value of the accounts receivable at December 31 , Year 1