Wholesale Stuff, Inc. sells to retailers on account. Sales for the year totaled $9,900,000. The company uses the aging method for determining bad debt expense. The aging report and related information includes:

Time Outstanding	Gross Balance		Percentage Uncollectible
< 30 days	$660,000		1%
30-60 days	330,000		5%
< 60 days	110,000		10%

The unadjusted balance in the allowance account at year end is $1,700 credit. What is the estimated net realizable value of receivables at year end?

$1,098,300

$1,064,200

$1,067,600

$1,065,900