The following information pertains to CarFax Canada's accounts receivable for the year ended December 31, Year 2: Accounts receivable at January 1, Year 2 Allowance for doubtful accounts at January 1, Year 2 $ 975,000 $ 65,000 $ 5,900,000 Credit sales for Year 2 $ 5,100,000 $ 50,000 $ 7,500 Collections form Year 2 credit sales Accounts written off August 31, Year 2 Previously written off accounts received September 20, Year 2 An aging analysis estimates uncollectible receivables at December 31, Year 2 Required: $ 95,000 a) Prepare all relevant journal entries [12] b) What is the accounts receivable balance at December 31, Year 2? [1] c) What effect did the accounts written off on August 31 have on the net realizable value of accounts receivable? [1]