On December 31 of Swift Co's first year, $65,000 of accounts receivable is not yet collected. Swift estimates that $3,500 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 $400. Compute the realizable value of accounts receivable on January 1 after the write-off. Before Write-Off After Write-Off Realizable value of accounts receivable