At the end of 2021, Larkspur Co. has accounts receivable of $ 728,000 and an allowance for doubtful accounts of $ 26,000. On January 24, 2022, it is learned that the company's receivable from Madonna Inc. is not collectible and therefore management authorizes a write-off of $ 4,472. Your answer is partially correct. Use a tabular summary to record the write-off. Enter 2021 amounts as beginning balances. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Assets = Liabilities + Accts. Rec. Allow. For Doubtful Accts = + Common Stock Beg. Bal. 728,000 $ 702000 Jan. 24 (4472) 4,472 Adj. Bal. 723,528 21,528