The following information is related to December 31, 2016 balances. Accounts receivable $1560000 Allowance for doubtful accounts (credit) (111000) Cash realizable value 1180000 During 2017 sales on account were $396000 and collections on account were $205000. Also, during 2017 the company wrote off $24300 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 $429000 increase $427000 increase $402700 increase $448700 increase e Textbook and Media