The Miller Company earned $123,000 of revenue on account during 2016. There was no beginning balance In the accounts receivable and allowance accounts. During 2016 Miller collected $82,000 of cash from its receivables accounts. The company estimates that it will be unable to collect 3% of its sales on account. The net realizable value of Miller's recelvables at the end of 2016 was O $37,310. $38,540. $44,690. $41,000