On December 31 of Swift Co.'s first year, $61,000 of accounts recelvable is not yet collected. Swift estimates that $3,100 of its accounts recelvable 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 $500. Compute the realizable value of accounts. recelvable on January 1 after the write-off. On December 31 of Swift Co.'s first year, $61,000 of accounts recelvable is not yet collected. Swift estimates that $3,100 of its accounts recelvable 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 $500. Compute the realizable value of accounts recelvable on January 1 after the write-off