The normal beginning balance in Accounts Receivable was $42,500 and the normal beginning balance is the Allowance for Doubtful Accounts was $2,000. Your Company earned $420,000 of revenue on account and $100,000 of cash sales during the year. It collected $392,500 of its receivables during the year. The company estimates that it will be unable to collect $5,500 of its sales on account. Calculate the net realizable value of the receivables at year end.