M$8-3($Algo$)$ Reporting Accounts Receivable and Recording Write$-$Offs Using the Allowance Method $[$LO $8-2]$

On December $31,2023,$ Extreme Fitness has adjusted balances of $$950,000$ in Accounts Receivable and $$85,000$ in Allowance for Doubtful Accounts. On January $2,2024,$ the company learns that certain customer accounts are not collectible, so management authorizes a write$-$off of these accounts totaling $$25,000.$

Required:

a$.$ What amount would the company report as its net accounts receivable on December $31,2023?$

b$.$ Prepare the journal entry to write off the accounts on January $2,2024.$

c$-1.$ Assuming no other transactions occurred between December $31,2023,$ and January $3,2024,$ what amount would the company report as its net accounts receivable on January $3,2024?$

c$-2.$ Has net accounts receivable changed from December $31,2023?$