On December 31 of Swift Co.'s first year $53,000 of accounts receivable is not yet collected.

Swift estimates that $2,300 of its accounts receivable is uncollectible and records the year-end adjusting entry.

(1) compute the realizable value of accounts receivable reported on Swift's year -end balance sheet.

(2) On January 1 of Swift's second year, it writes off a customer's account for $300. Compute the realizable value of accounts receivable on January 1 after the write-off.