At the end of 2015, Carpenter Co. has accounts receivable of $700,000 and an allowance for doubtful accounts of $54,000. On January 24, 2016, the company learns that its receivable from Megan Gray is not collectible, and management authorizes a write-off of $6, 200. (a) Prepare the journal entry to record the write-off. (b) What is the cash realizable value of the accounts receivable (1) before the write-off and (2) after the write-off