At the end of 2010 Sorter Company has accounts receivable of $900,000 and an allowance for doubtful accounts of $40,000.

At the end of 2010 Sorter Company has accounts receivable of $900,000 and an allowance for doubtful accounts of $40,000. On January 16, 2011, Sorter Company determined that its receivable from Ordonez Company of $8,000 will not be collected, and management authorized its write-off. 

(a)Prepare the journal entry for Sorter Company to write off the Ordonez receivable.  

(b)What is the net realizable value of Sorter Company's accounts receivable before the write-off of the Ordonez receivable? 

 $ 

(c)What is the net realizable value of Sorter Company's accounts receivable after the write-off of the Ordonez receivable? 

 $