At the end of 2016, Windsor, Inc. has accounts receivable of $747,400 and an allowance for doubtful accounts of $27,260. On January 24, 2017, it is learned that the companys receivable from Madonna Inc. is not collectible and therefore management authorizes a write-off of $4,625. (a) Prepare the journal entry to record the write-off

(b) What is the cash realizable value of the accounts receivable before the write-off and after the write-off?