Microsoft develops, produces, and markets a wide range of computer software, including the Windows operating system. On its recent fnancial statements, Microsof information about net sales revenue and accounts recelvable (amounts in millions). reported the following Current Year S 14,389 S 12238 Year Accounts receivable, net of allowances of $137 and $125 Net revernues 61,620 52,622 According to its Form 10-K, Microsoft recorded bed debt expense of $102 and there were no bad debt recoveries during the current year (Hint Refer to the summary of the effects of accountng for bad debts on the Accounts Receivable (Gross) and the Allowance for Doubtflul Accounts T-accounts Use the T-acoounts to solve for the missing values.) Required: .What amount of bad debts was witten off during the current year? (Enter your answers in millions not in dollars) Beg bal End. bal 2. Based on your answer to requirement (1), solve for cash collected from austomers for the current year, assuming that at of Microsoft's sales during the period were on open account (Enter your answers in millions not in dollars.) Accounts Receivable (Gross) Beg ba End bal