Nike, Inc., is a leading manufacturer of sports apparel, shoes, and equipment. The companys 2015 financial statements contain the following information (in millions):

	2015				2014
Balance sheets:
Accounts receivable, net	$	3,358			$	3,434
Income statements:
Sales revenue	$	30,601			$	27,799

A note disclosed that the allowance for uncollectible accounts had a balance of $78 million and $78 million at the end of 2015 and 2014, respectively. Bad debt expense for 2015 was $20 million. Assume that all sales are made on a credit basis. Required: 1. What is the amount of gross (total) accounts receivable due from customers at the end of 2015 and 2014? 2. What is the amount of bad debt write-offs during 2015? 3. Analyze changes in the gross accounts receivable account to calculate the amount of cash received from customers during 2015. 4. Analyze changes in net accounts receivable to calculate the amount of cash received from customers during 2015.

Complete this question by entering your answers in the tabs below. Required Required 2 Required 3 Required 4 What is the amount of gross (total) accounts receivable due from customers at the end of 2015 and 2014? (Enter your answers in millions.) 2015 2014 S 3,436 S 3,512 Accounts receivable, gross Complete this question by entering your answers in the tabs below. Required 1Required Required 3 Required 4 What is the amount of bad debt write-offs during 2015? (Enter your answers in millions.) Bad debt write-offsS Required 1 Required 2Required 3 Required 4 Analyze changes in the gross accounts receivable account to calculate the amount of cash received from customers during 2015. (Enter your answers in millions.) Gross Accounts Receivable Beg. bal Sales 3,512 30,601 20 Write-offs 30,657 End. bal 3,436 Required 1Required 2 Required 3 Required 4 Analyze changes in net accounts receivable to calculate the amount of cash received from customers during 2015. (Enter your answers in millions. Decreases should be indicated by a minus sign.) Net Accounts Receivable Beginning net accounts receivable Sales Bad debts expense Cash collected from customers 3,434 30,601 (20) (3,358) Ending net accounts receivable S 30,657