The Following Information Is Related to December 31, 2013 Balances

Multiple Choice

The following information is related to December 31, 2013 balances. $\begin{array}{lr}\text { Accounts receivable } & \$ 2,100,000 \\\text { Allowance for doubtful accounts (credit) } & (180,000) \\\text { Cash realizable value } & \$ 1,920,000\end{array}$ During 2014 sales on account were $580,000 and collections on account were $344,000. Also during 2014 the company wrote off $32,000 in uncollectible accounts. An analysis of outstanding receivable accounts at year end indicated that bad debts should be estimated at $216,000. The change in the cash realizable value from the balance at 12/31/13 to 12/31/14 was a

A) $200,000 increase.
B) $236,000 increase.
C) $168,000 increase.
D) $204,000 increase.