Charleston,Inc.has Accounts Receivable of $320,000 and an Allowance for Doubtful Accounts of $16,000.If it writes-off a customer account balance of $1,600,what is the amount of its net accounts receivable?

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Before the write-off,the balance in the Accounts Receivable account is $304,000 (or $320,000 − $16,000).After the write-off,the balance in Allowance for Doubtful Accounts account is $14,400 (or $16,000 − $1,600)and the balance in Accounts Receivable is $318,400 (or $320,000 − $1,600).As a result,net accounts receivable equals $304,000 (or $318,400 − $14,400).Notice that the net accounts receivable after a write-off is the same as the net amount before the write-off.