The following information is related to December 31, 2021 balances. . Accounts receivable $3100000 Allowance for doubtful accounts (credit) (296000) . Cash realizable value $2840000 During 2022 sales on account were $859000 and collections on account were $524000. Also during 2022 the company wrote off $48000 in uncollectible accounts. An analysis of outstanding receivable accounts at year end indicated that bad debts should be estimated at $320000. The change in the cash realizable value from the balance at 12/31/21 to 12/31/22 was a O $275000 increase. O $227000 increase. $281000 increase. $329000 increase