Question 3 View Policies Current Attempt in Progress At the end of 2020, Bonita Company has accounts receivable of $688,000 and an allowance for doubtful accounts of $34,400. On January 16, 2021, Bonita Company determined that its receivable from Ramirez Company of $5,160 will not be collected, and management authorized its write-off. Prepare the journal entry for Bonita Company to write off the Ramirez receivable. (If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually) Debit Credit Date Account Titles and Explanation Jan 16, 2021 e Textbook and Media List of Accounts What is the net amount expected to be collected of Bonita Company's accounts receivable before the write-off of the Ramirez receivable? Net amount expected to be collected $