At the end of 2022, Blossom Co. has accounts receivable of $701,000 and an allowance for doubtful accounts of $54,100. On January 24,2023 , the company learns that its receivable from Megan Gray is not collectible, and management authorizes a write-off of $5,500. (a) Prepare the journal entry to record the write-off. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Prepare the journal entry to record the write-off. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) b) What is the cash realizable value of the accounts receivable before the write-off and after the write-off