AIF Corp began business on January 1 2022. During the year, the company sold $100,000...
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AIF Corp began business on January 1 2022. During the year, the company sold $100,000 of goods on account (credit) to customers. It collected $75,000 cash, and recorded bad debt expense of $5,000. If AIF Corp does not write off any of the accounts receivable as uncollectable, what is the net realizable value of AIF Corp's accounts receivable on its December, 31 2022 balance sheet?
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