At the end of 2021, Fuzzy Slippers Inc. (Fuzzy) had accounts receivable of $3,800,000 and an allowance for doubtful accounts of $210,000 recorded on their books and records. On February 2 of the following year, Fuzzy determined that a $32,000 from Rayelle Enterprises (Ray) will not be collected as Ray has declared bankruptcy. Later that month on February 28, Fuzzy received notification that they will received $0.15 for every $1.00 of A/R relating to Ray. a) Prepare the journal entries to record the transactions assuming that Fuzzys management wrote the entire A/R off on February 2, 2022. b) What is the net book value of A/R that Fuzzy would show on their statement of financial position as at February 2, 2022 and February 28, 2022? Show your calculations.