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Question - At the end of 2008, Delong Co. has accounts receivable of $707,033 and an allowance for doubtful accounts of $57,151. On January 24, 2009, the company learns that its receivable from Ristau Inc. is not collectible, and management authorizes a write-off of $5,883.

What is the cash realizable value of the accounts receivable (1) before the write-off and (2) after the write-off?

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