Rum, Inc. uses the percentage of receivables basis to estimate its bad debts. At December 31 2017, Rum estimates total bad debts that will become uncollectible in the future as $22.500 The existing balance in the Allowance for Doubtful Accounts is a credit balance of 54000, The Accounts Receivable balance at December 31, 2017 is $211,000. The cash realizable value of Accounts Receivable reported on the statement of financial position of December 31 2017 is Select one