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At the end of 2017, Waterway Company has accounts receivable of $434,200 and an allowance...

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Accounting

At the end of 2017, Waterway Company has accounts receivable of $434,200 and an allowance for doubtful accounts of $24,100. On January 16,2018, Waterway Company determined that its receivable from Maximillan Company of $4,000 will not be collected, and management authorized its write-off
I dont understand the calculation of the net realizable value after waterway companys AR write off of the maximillian receivable
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