J. B. Bucks owns a department store that has a $43,800 balance in Accounts Receivable and a $3,000 credit balance in Allowance for Doubtful Accounts.

1.Determine the net realizable value of the accounts receivable.

$

2.Assume that an account receivable in the amount of $460 was written off using the allowance method. Determine the net realizable value of the accounts receivable after the write-off.

$