CALCULATOR FULL SCREEN PRINTER VERSION LE NEXT Brief Exercise 9-05 At the end of 2020, Crane Co.hms accounts receivable of 8745,400 and an allowance for doubt accounts of $61,000. On January 24, 2021, the company learns that its receivable from Megan Gray is not collectible, and management author res a write-off of 17,400On March 4, 2021, Crane Co. receives payment of $7,400 in full from Megan Gray Prepare the journal entries to record this transaction. (Credit accountitles are automatically indented when amount is entered. Do not Indent manually) Account Titles and Explanation Debit Credit (To reverse write-om (To record collection from Grey) Click if you would like to Show Work for this questioni Open Show Work