[The following information applies to the questions displayed below.]

Roth Incorporated experienced the following transactions for Year 1, its first year of operations:

Issued common stock for $80,000 cash.

Purchased $245,000 of merchandise on account.

Sold merchandise that cost $156,000 for $310,000 on account.

Collected $256,000 cash from accounts receivable.

Paid $230,000 on accounts payable.

Paid $48,000 of salaries expense for the year.

Paid other operating expenses of $37,000.

Roth adjusted the accounts using the following information from an accounts receivable aging schedule.

Number of Days Past Due	Amount	Percent Likely to Be Uncollectible	Allowance Balance
Current	$32,400	0.01
0 to 30	13,500	0.05
31 to 60	2,700	0.10
61 to 90	2,700	0.20
Over 90 days	2,700	0.50

c. What is the net realizable value of the accounts receivable at December 31, Year 1?