At the end of 2024 , Sunland C0. has accounts receivable of $653,700 and an allowance for doubtful accounts of $24,200. On January 24,2025 , it is learned that the company's receivable from Madonna Inc. is not collectible and therefore management authorizes a write-off of $4,245. On March 4,2025, Sunland Co. receives payment of $4,245 in full from Madonna Inc. Prepare the journal entries to record the March 4 transaction. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) At the end of 2024 , Sunland C0. has accounts receivable of $653,700 and an allowance for doubtful accounts of $24,200. On January 24,2025 , it is learned that the company's receivable from Madonna Inc. is not collectible and therefore management authorizes a write-off of $4,245. On March 4,2025, Sunland Co. receives payment of $4,245 in full from Madonna Inc. Prepare the journal entries to record the March 4 transaction. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)