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Macrosoft develops, produces, and markets a wide range of computer software, including the Windows operating system. On its recent financial statements, Macrosoft reported the following

Macrosoft develops, produces, and markets a wide range of computer software, including the Windows operating system. On its recent financial statements, Macrosoft reported the following information about net sales revenue and accounts receivable (amounts in millions).
Current Year Prior
Year
Accounts receivable, net of allowances of $415 and $375 $ 29,524 $ 26,581
Net sales revenue 66,26964,697
According to its Form 10-K, Macrosoft recorded bad debt expense of $117 and there were no bad debt recoveries during the current year.
Required:
Using the following T-account for Allowance for Doubtful Accounts, what amount of bad debts was written off during the current year?
Using the following T-account for Accounts Receivable (Gross), solve for cash collected from customers for the current year, assuming that all of Macrosofts sales during the period were on open account.

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