Soccer, Inc. sells soccer equipment to youth soccer teams. On January 1, the company had an Accounts Receivable balance of $45,000 and Allowance for Bad Debt balance of $2,500 (credit). During the year, the company had total sales of $172,000 (all on credit) and collected $185,000 cash from its customers. Also during the year, Soccer Inc. wrote of $4,000 of bad debts. On December 31, the company estimates bad debts to be 2% of the credit sales for the year. After adjusting entries, what is the Net Realizable Value of Accounts Receivable (e.g., Net A/R) on the company's year-end Balance Sheet?