At the end of 2021, Sage Hill Co. has accounts receivable of $747,300and an allowance for doubtful accounts of $25,420. 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 $4,624.

1. what is the journal entry to this?
2. What is the cash realizable value of the accounts receivable before the write-off and after the write-off?