At the end of 2021, marin co. has accounts receivable of $754,500 and an allowance for doubtful accounts of $23,960. on january 24, 2022, it is learned that the company’s receivable from madonna inc. is not collectible and therefore management authorizes a write-off of $4,624.a)prepare the journal entry to record the write-off. (credit account titles are automatically indented when amount is entered. do not indent manually.)account titles and an account titleenter a debit amountenter a credit amountenter an account titleenter a debit amountenter a credit amount(b)what is the cash realizable value of the accounts receivable before the write-off and after the write-off? before write-offafter write-offcash realizable value$enter a dollar amount$enter a dollar amount