year: Accounts receivable, $370,000 Allowance for doubtful accounts (credit balance), $18,500 During the current year, sales on account were $1,200,000 and collections on account were $1,250,000. Also during the current year, the company wrote off $17,000 in uncollectible accounts. At year-end, an analysis of outstanding accounts receivable indicated that the allowance for doubtful accounts should have a $16,000 credit balance so the company records the appropriate year-end adjusting entry. How much did the cash realizable value change during the current year? O $2,500 decrease O $70,500 decrease O $64,500 decrease O $47,500 increase O $74,500 decrease B