In 2012, Loveless had the following activity in selected accounts. hers. 9 Loveless Corporation had the following 2012 income statement. Sales for 2012 total $420,000. Compute Eikenberry's 2012 cash ccounts receivable of $72,000. At December 31, 2012, Revenues Expenses $100,000 60,000 $ 40,000 Accounts Receivable 1/1/12 Revenues 20,000 100,000 Allowance for Doubtful Accounts 1,000 90,000 Write-offs Collections Write-offs 1,200 11/12 1,840 Bad debt expense 1,000 12/31/12 29,000 2,040 12/31/2 Prepare Loveless's cash flows from operating activities section of the statement of cash flows using (a) the direct method and (b) the indirect method