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Toys R Us sells a few items on credit terms. On January 1, Year 1, the Accounts Receivable balance was $740,000 and the balance in

Toys R Us sells a few items on credit terms. On January 1, Year 1, the Accounts Receivable balance was $740,000 and the balance in the Allowance for Uncollectible Account was $56,000. On January 15, Year 1, a $16,000 uncollectible account was written-off. What is the net realizable value of accounts receivable immediately after the write-off?

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