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Minta Corporation, is a leading manufacturer of sports apparel, shoes, and equipment. The companys 2020 financial statements contain the following information ($ in millions): 2020

Minta Corporation, is a leading manufacturer of sports apparel, shoes, and equipment.

The companys 2020 financial statements contain the following information ($ in millions):

2020 2019 Balance sheets: Accounts receivable, net $ 3,519 $ 5,042

Allowance for uncollectible accounts 228 72

Income statements: Sales revenue $ 39,573

Statement of Cash Flows: Amortization, impairment and other 412

Decrease in accounts receivable 1,253

Assume that all sales are made on a credit basis.

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