Microsoft develops, produces, and markets a wide range of computer software, including the Windows operating system. On its recent financial statements, Microsoft reported the following information about net sales revenue and accounts receivable amounts in millions) to allowances of $152 and 5131 Current Year $ 12.789 61 120 Accounts receivable venues S 11.738 51722 way of the chof accounting for According to its Form 10-K, Microsoft recorded bad debt expense of $108 and there were no bad debt recoveries during the current year (Hint Refer to the bad debts on the Accounts Receivable (Gross) and the Allowance for Dout Accounts T-accounts. Use the Taccounts to solve for the missing wa ) Required: 1. What mount of bad debt was written oft during the current year? Enter your answers Allence for Dout Accounts 2. Based on your answer to requirement (1), solve for cash collected from customers for the current year, assuming that all of Microsoft's sales during the period were on open account (Enter answers in millions not in dollars.) Accounts Receivable (Gross) Beg bal End bal 0 Microsof develops, produces, and markets a wide range of computer software including the Windows operating system. On its recent financial statements, Microsoft reported the following information about not sales revenue and accounts receivable amounts in millions) Accounts receivable to wowances of $152 and 5131 Current Year $ 12.780 61 120 S 11.738 51 722