The following information is related to December 31, 2021 balances. Accounts receivable $3220000 Allowance for doubtful accounts (credit) (285000) Cash realizable value $2880000 During 2022 sales on account were $892000 and collections on account were $501000. Also during 2022 the company wrote off $49500 in uncollectible accounts. An analysis of outstanding receivable accounts at year end indicated that bad debts should be estimated at $322000. The change in the cash realizable value from the balance at 12/31/21 to 12/31/22 was a

A. $415000 increase.

B. $409000 increase.

C. $463000 increase.

D. $359500 increase.