At the end of 2020, Kingbird Company has accounts receivable of $ 976,000 and an allowance for doubtful accounts of $ 48,800. On January 16, 2021, Kingbird Company determined that its receivable from Ramirez Company of $ 7,320 will not be collected, and management authorized its write-off. (a) Prepare the journal entry for Kingbird Company to write off the Ramirez receivable. (If no entry is required, select "No Entry for the account titles and enter 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 e Textbook and Media List of Accounts Save for Later Attempts:0 of 3 used Submit Answer (6) What is the net amount expected to be collected of Kingbird Company's accounts receivable before the write off of the Ramirez receivable? Net amount expected to be collected $ (c) What is the net amount expected to be collected of Kingbird Company's accounts receivable after the write-off of the Ramirez receivable? Net amount expected to be collected