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Accounts Receivable has a debit balance of $2,400, and the Allowance for Bad Debts has a credit balance of $300. A $40 account receivable is

Accounts Receivable has a debit balance of $2,400, and the Allowance for Bad Debts has a credit balance of $300. A $40 account receivable is written off. What is the amount of net receivables (net realizable value) after the write-off?

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