On December 31 of Swift Co.s first year, $51,000 of accounts receivable is not yet collected. Swift estimates that $2,100 of its accounts receivable is uncollectible and records the year-end adjusting entry.

1. (1) Compute the realizable value of accounts receivable reported on Swifts year-end balance sheet.
2. (2) On January 1 of Swifts second year, it writes off a customers account for $400. Compute the realizable value of accounts receivable on January 1 after the write-off.