Analyzing Changes in Accounts Receivable The following information pertains to Medicoil Inc., producers of medical hardware, for the current year just ended. Additional information 1. $6,000 of accounts receivable were written off during the year. 2. $1,500 was collected on accounts receivable written off in previous years. Required a. Determine the adjustment(s) to net income appearing in the operating activities section of the statement of cash flows for the current year under the indirect method. b. Determine the cash collections appearing in the operating activities section of the statement of cash flows for the current year under the direct method