Your Company started this year with normal balances in Accounts Receivable of $75,000 and $5,000 in the Allowance for Doubtful Accounts. During the year it earned $430,000 of revenue on account and $100,000 of cash sales during the year. It collected $375,000 of its receivables during the year. The company estimated that it will be unable to collect 5% of its current years sales on account. Calculate the net realizable value of the receivables at year end. Use your answer to the last question to get the ending balance in the Allowance for Doubtful Accounts. Remember that it is a contra asset account