At the end of 2012, Extreme Fitness has adjusted balances of $800,000 in Accounts Receivable and $55,000 in Allowance for Doubtful Accounts. On January 2, 2013, the company learns that certain customer accounts are not collectible, so management authorizes a write-off of these accounts totaling $10,000.

1. What amount would the company report as its net accounts receivable on December 31, 2012? 2. Assuming no other transactions occurred between December 31, 2012, and January 3, 2013, what amount would the company report as its net accounts receivable on January 3, 2013?