Wilson Corporation uses an income statement approach to estimate credit losses. Its gross Accounts Receivable of &5,000,000 at the beginning of the period had a net realizable value of $4925000.During the period the company wrote off actual accounts receivable of $100000 and collected $7835000 from customers. Credit sale for the year amounted to $9000000. Of its credit sales, 1 per cent was estimated to eventually be in collectible.

Determine the net realiZable value of the companys accounts receivable at the end of the period.