At the end of $2021,$ Tamarisk Co$.$ has accounts receivable of $$739,500$ and an allowance for doubttul accounts of $\frac{\text{\$}}{{?}_3},500.$ UnJailuary $24,2022,$ it is learned that the company's receivable from Madonna Inc. is not collectible and therefore management authorizes a write$-$off of $$4,031.$

$($a$)$

Prepare the journal entry to record the write$-$off. $($Credit account titles are automatically indented when amount is entered. Do not indent manually.$)$

Account Titles and Explanation

Debit

Credit

$($b$)$

What is the cash realizable value of the accounts receivable before the write$-$off and after the write$-$off?

$\backslash$table$[[,,$Before Write$-$Off,After Write$-$Off$],[$ash realizable value,$$,,]]$