Oakwood Company had accounts receivable of $752,000 and an allowance for doubtful accounts of $27,800 just prior to writing off as worthless a customer's $12,000 account receivable. The net realizable value of Oakwood's accounts receive shown by the accounting records before and after the write off was as follows: Multiple Choice Before $724,200 After $724,200 Before $724,200 After $712,200 Before $729,800 After $736,200 Before $752,000 After $ 740,000