At the end of 2020, Cheyenne Corp. has accounts receivable of $2.20 million and an allowance for doubtful accounts of $103,500. On January 16, 2021, Cheyenne determined that its $21,700 receivable from Oriole Company will not be collected, and management has authorized its write off. On January 31, 2021, Cheyenne received notification that the company will be receiving $0.10 for every $1.00 of accounts receivable relating to Ivanhoe Company The company had previously written off 100% of the amount due from Ivanhoe ($59,000).

What is the estimated net realizable value of Cheyennes accounts receivable before and after the entries above? What is the book value of Cheyennes accounts receivable before and after the entries above?

	Before Adjustments	After Adjustments
Net Realizable Value	$	$
Book Value	$	$