At the end of 2021 , Novak Corp. has accounts receivable of $764,300 and an allowance for doubtful accounts of $35,700. 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 $5,600. Prepare the journal entry to record the write-off. (Credit account titles are automatically indented when amount is entered. Do not indent manually) eTextbook and Media List of Accounts What is the cash realizable value of the accounts receivable (1) before the write-off and (2) after the write-otr