If you could please answer part (b)

At the end of 2020, Marigold Corp. has accounts receivable of $2.65 million and an allowance for doubtful accounts of $115,500. On January 16, 2021, Marigold determined that its $21,300 receivable from Sunland Company will not be collected, and management has authorized its write off. On January 31, 2021, Marigold received notification that the company will be receiving $0.10 for every $1.00 of accounts receivable relating to Blossom Company The company had previously written off 100% of the amount due from Blossom ($58,000). Prepare the journal entry for Marigold Corp. to write off the Sunland receivable and any journal entry necessary to reflect the notice regarding Blossom Company (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) To write off the Sunland accounts: Account Titles and Explanation Debit Credit TAllowance for Doubtful Acc 21300 IT | Accounts Receivable 21300 Blossom Company reinstatement of partial accounts receivable for amounts previously written off and now determined to be collectible: Account Titles and Explanation Debit Credit TAccounts Receivable 5800 T 2 Allowance for Doubtful T 5800 CUTE COUTEUIL COLUTION CHANCUT (b) What is the estimated net realizable value of Marigold's accounts receivable before and after the entries above? What is the book value of Marigold's accounts receivable before and after the entries above? Before After Adjustments Adjustments Net Realizable Value se Book Value