At the end of 2016, Splish Brothers Inc. has accounts receivable of $675, 100 and an allowance for doubtful accounts of $24, 370. 1. 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, 127. 2. On March 4, 2017, Splish Brothers Inc. receives payment of $4, 127 in full from Madonna Inc. Prepare the journal entries to record this transaction. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)