Current Attempt in Progress At the end of 2022, Sunland Co. has accounts receivable of $736,800 and an allowance for doubtful accounts of $62,000. 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) Your answer is correct. Prepare the journal entry to record the write-off. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Allowance for Doubtful Accounts Accounts Receivable Debit 5500 Credit 5500 What is the cash realizable value of the accounts regeivable before the write-off and after the write-off? Before Write-Off Cash realizable value $ eTextbook and Media 736800 After Write-Off 731300