Indicate how each of the following transactions would affect Cullumber Ltd's statement of income, statement of financial position, and statement of cash flows. If there would be no effect, then state that. Cullumber uses the allowance method of accounting for credit losses. 1. Cullumber recovered a $27,300 receivable from a customer whose account had been previousiy written off. 2. Cullumber wrote off a receivable from a customer in the amount of $19,000. 3. Cullumber recorded credit losses for the period totalling $47,600. 2. Statement of Income Statement of Financial Position $ Statement of Cash Flows 3. Statement of Income Statement of Financial Position Statement of Cash Flows