The following information is related to December 31, 2016 balances. Accounts receivable $1410000 Allowance for doubtful accounts (credit) (105000) Cash realizable value 1000000 During 2017 sales on account were $384000 and collections on account were $240000. Also, during 2017 the company wrote off $24200 in uncollectible accounts. An analysis of outstanding receivable accounts at year end indicated that bad debts should be estimated at $144000. The change in the cash realizable value from the balance at 12/31/16 to 12/31/17 was $385800 increase. $412000 increase. $410000 increase. $431800 increase