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Warden Company Has the Following Account Balances at the End

question 45

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Warden Company has the following account balances at the end of 2014:  Cash $25,000 Accounts Receivable $76,000 Allowance for Doubtful Accounts $3,200 Credit Sales $115,000\begin{array}{lr}\text { Cash } & \$ 25,000 \\\text { Accounts Receivable } & \$ 76,000 \\\text { Allowance for Doubtful Accounts } & \$ 3,200 \\\text { Credit Sales } & \$ 115,000\end{array}
Required:
Compute the net realizable value of the above accounts receivable.

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