At the end of $2024,$ Larkspur Co$.$ has accounts receivable of $$675,100$ and an allowance for doubtful accounts of $$24,370\mathrm{.}0n$ 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 $$4,127.$

$($a$)$

Prepare the journal entry to record the write$-$off. $($List debit entry before credit entry. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

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?

Before Write$-$Off

After Write$-$Off

Cash realizablevalue $

$