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On September 30, 2021, Traxx Inc. establishes an allowance for doubtful accounts of 3% of its accounts receivable balance of $280,000. Traxx Inc. decides on

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On September 30, 2021, Traxx Inc. establishes an allowance for doubtful accounts of 3% of its accounts receivable balance of $280,000. Traxx Inc. decides on October 15, 2021, not to pursue collection of Jones's $1,000 account. The likelihood of collection does not support further collection efforts. What is the net value of accounts receivable before the write-off of the Jones account? (do not include $ signs, commas, or decimals in your answer) A What is the net value of accounts receivable after the write-off of the Jones account? (do not include $ signs, commas, or decimals in your answer) A/

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