At the end of 2016, Bonita Industries has accounts receivable of $738,200 and an allowance for doubtful accounts of $22,780. On January 24, 2017, it is learned that the company's receivable from Madonna Inc. is not collectible and therefore management authorizes a write-off of $4,020. - Your answer is partially correct. Use a tabular summary to record the write-off. Enter 2016 amounts as beginning balances. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g.(45).) Assets = Liabilities + Allow. For Doubtful Accts Stockholders' Equity Retained Earnings Rev. Accts. Rec. = + Common Stock + Exp. Beg.Bal. $ 738200 $ Jan. 24 -4020 Adj. Bal. 734180 e Textbook and Media Your answer is correct. What is the cash realizable value of the accounts receivable before the write-off and after the write-off? Before Write-Off 715420 After Write-Off 715420 Cash realizable value $ $ e Textbook and Media