At the end of 2020, Sheffield Company has accounts receivable of $640,000and an allowance for doubtful accounts of $32,000. On January 16, 2021, Sheffield Company determined that its receivable from Ramirez Company of $4,800will not be collected, and management authorized its write-off.

What is the net amount expected to be collected of Sheffield Company's accounts receivable after the write-off of the Ramirez receivable?

Net amount expected to be collected