The statement of financial position for Bedrock Inc. showed the following at December 31, 2021.

ASSETS
Current
Cash			$50,000
Accounts receivable	$100,000
Less: allowance for doubtful accounts	(10,000)		90,000
			$140,000
SHAREHOLDERS EQUITY
Common shares			$80,000
Retained earnings			60,000
			$140,000

During 2022, there were $5,000,000 of sales. 40% were collected in cash at the time of sale. 60% of sales were on account. $30,000 of accounts were written off as uncollectible. Management estimates the allowance for doubtful accounts at 1% of outstanding accounts receivable. Bad debt expense for 2022 amounted to $157,000.

Required:

1. Calculate the net realizable value of accounts receivable at December 31, 2022.
2. Calculate 2023 cash flow from operations.