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Which of the following circumstances would not affect net income? (0) Factoring receivables without recourse (ii) Writing off receivables under the direct write-off method (iii) Collecting previously written off receivables under the allowance method (iv) Writing off receivables under the allowance method 8 02:18:40 Multiple Choice o o (). (i) and (111) (i) and (ii) o (iii) and (iv) o (ii) and (iii)