Prior to writing-off an account, a company that uses the allowance method for bad debts has a debit balance in Accounts Receivable of $10,000 and a credit balance in Allowance for Bad Debts of $1,000. The company determines that $500 is uncollectible and writes-off the account. What is the net realizable value of Accounts Receivable before and after the write-off?

A.

$9,000 and $9,000

B.

$9,500 and $8,500

C.

$9,000 and $8,500

D.

$10,000 and $9,500