Help understand auto charge off

I am trying to understand this charge off on my credit report for an auto repo.I do have another thread about this company not notifying me of intent to repo,no late fees,missed payment or even after repo no notice was ever sent to date. I have the account on my credit report and do not understand how to read it exactly. I want to know do I owe the $2486 charge off amount or the $1 past due? The car was repoed some time in August 2009 didn't know til recently when I pulled my report because I gave the car to my sister and she never made the payments to finish paying the vehicle off since I was trying to save her the hassle of the whole process and I got another vehicle anyway.So with my trust seeing it's family the car was never paid and I got absolutely got no notice before and after repo it is in my name and since being repoed it has been leased and exported per (CARFAX) to Niger. I recently sent the company a whychat letter thanks to the help of this board and awaiting the response from them.I just don't understand or know how to read the tradeling for the charge off amount and the balance.Thanks for taking the time every one to read and to those who answered.....

Address:
PO BOX 961245
FT WORTH, TX 76161
(214) 237-3430 Account Number: **********

Address Identification Number: 0070053247

Status:
Account charged off. $2,486 written off. $1 past due as of Mar 2010.
Status Details:
This account is scheduled to continue on record until Jul 2013.
This item was verified and updated on Jan 2010.

Date Opened:
03/2003
Date of Status:
11/2007
Reported Since:
11/2007
Last Reported Date:
03/2010

Type:
Installment
Terms:
60 Months
Monthly Payment:
$0
Responsibility:
Individual

Credit Limit:
$10,515
High Balance:
N/A
Recent Balance:
$1
Recent Payment:
$0