At the end of 2020, Culver Company has accounts receivable of $704,000 and an allowance for doubtful accounts of $35,200. On January 16, 2021, Culver Company determined that its receivable from Ramirez Company of $5,280 will not be collected, and management authorized its write-off.

Prepare the journal entry for Culver Company to write off the Ramirez receivable. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

Date	Account Titles and Explanation	Debit	Credit
Jan. 16, 2021

eTextbook and Media

List of Accounts

What is the net amount expected to be collected of Culver Companys accounts receivable before the write-off of the Ramirez receivable?

Net amount expected to be collected

$

eTextbook and Media

List of Accounts

What is the net amount expected to be collected of Culver Companys accounts receivable after the write-off of the Ramirez receivable?

Net amount expected to be collected

$