The following information is related to December 31, 2016 balances. Accounts receivable $1580000 Allowance for doubtful accounts (credit) (112000) Cash realizable value 1220000 During 2017 sales on account were $356000 and collections on account were $209000. Also, during 2017 the company wrote off $24100 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 O $338900 increase O $363000 increase O $384900 increase $365000 increase