Green Technologies is a leading global end-to-end technology provider, with a portfolio of hardware, software and service solutions. In a recent annual report, the balance sheet included the following information ($ in millions): Current assets: Receivables, less allowance of $349 in 2020 and $340 in 2019 2020 $ 14,184 2019 $ 14,071 In addition, the income statement reported sales revenue of $109,256 million for the current year. All sales are made on a credit basis. The statement of cash flows indicates that cash collected from customers during the current year was $108,868 million. There could have been significant recoveries of accounts receivable previously written off. Req 1 Req 2A Req 2B Compute the following ($ in millions): a. The amount of bad debts written off by Green during 2020 (Hint: Treat it as a plug in the gross accounts receivable account). b. The amount of bad debt expense that Green included in its income statement for 2020 (Hint: Treat it as a plug in the allowance for uncollectible accounts). c. The approximate percentage that Green used to estimate bad debts for 2020, assuming that it used the income statement approach. Note: Enter your answers in millions. Round your percentage answer to 3 decimal places. a. Bad debts written off or reinstated b. Bad debt expense c. Income statement approach $ $ 296 x 305 X 0.280 % Show less A Req 1 Req 2A Current assets: Receivables Suppose that Green had used the direct write-off method to account for bad debts, calculate the accounts receivable information that would be included in the 2020 year-end balance sheet. Note: Enter your answers in millions. $ Req 2B 2020 14,533 $ 2019 14,441 Req 1 Req 2A Bad debt expense Suppose that Green had used the direct write-off method to account for bad debts, calculate the amount of bad debt expense that Green would include in its 2020 income statement. Note: Enter your answers in millions. Req 2B $ 164