Prepare entry for write-off, and BE8.3 (LO 2), AP At the end of 2024, Safer Co. has accounts receivable of $700,000 and an allowance determine cash realizable value. for doubtful accounts of $25,000. On January 24,2025 , it is learned that the company's receivable from Madonna Inc. is not collectible and therefore management authorizes a write-off of $4,300. a. Prepare the journal entry to record the write-off. b. What is the cash realizable value of the accounts receivable (1) before the write-off and (2) after the write-off