Taylor, Inc. had accounts receivable of $420,000 and an allowance for doubtful accounts of $25,500 just before writing off as worthless an account receivable from Burton Company of $1,150. The net realizable value of the accounts receivable before and after the write-off were: $420,000 before and $418,850 after. $394,500 before and $394,500 after. $445,500 before and $444,350 after. $394,500 before and $393,350 after.