The data below is for Craft, Inc. for 2015.

Credit sales during the year $2,100,000
Accounts receivable-December 31, 2015 295,000
Allowance for doubtful accounts-December 31,2015 28,000
Bad debt expense for the year 17,000

What amount will Craft show on its year-end balance sheet for the net realizable value of its accounts receivable?

Oakmont company has an opportunity to manufacture and sell a new product for a four-year period. the company’s discount rate is 18%. after careful study, oakmont estimated the following costs and revenues for the new product: cost of equipment needed $ 230,000 working capital needed $ 84,000 overhaul of the equipment in year two $ 9,000 salvage value of the equipment in four years $ 12,000 annual revenues and costs: sales revenues $ 400,000 variable expenses $ 195,000 fixed out-of-pocket operating costs $ 85,000 when the project concludes in four years the working capital will be released for investment elsewhere within the company. click here to view exhibit 12b-1 and exhibit 12b-2, to determine the appropriate discount factor(s) using tables.