MG is an accrual basis corporation. In 2021, it wrote off a $65,000 account recelvable as uncollectible. In 2022, it received a $65,00 check from the creditor in full payment of this receivable. Required: a. What was the effect of the write-off on MG's 2021 financial statement income and taxable income? b. What was the effect of the collection of the recelvable on MG's 2022 financial statement income and taxable income? Complete this question by entering your answers in the tabs below. What was the effect of the write-off on MG's 2021 financial statement income and taxable income? Note: If there is no effect, select "no effect" from dropdown