On April 12, Maddox Company declared a $3,600 account receivable from the Ward Company as uncollectible and wrote off the account. On December 5, Maddox received a $2,520 payment on the account from Ward. a. Assume that Maddox uses the allowance method of handling credit losses. Determine the financial statement effect to record the write-off and the subsequent recovery of Ward's account. Use negative signs with answers, when appropriate. If a transaction increases and decreases the same Balance Sheet category, enter the increase amount in the first row and the decrease amount directly below (in the second row). b. Assume that the payment from Ward arrives on the following January 18, rather than on December 5 of the current year. Is there any difference in the overall financial statement impact