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Problem 06-36 (Static) [LO 6-9] 24 1 points 00:24:17 Skipped MG is an accrual basis corporation. In 2021, it wrote off a $65,000 account

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Problem 06-36 (Static) [LO 6-9] 24 1 points 00:24:17 Skipped MG is an accrual basis corporation. In 2021, it wrote off a $65,000 account receivable as uncollectible. In 2022, it received a $65,000 check from the creditor in full payment of this receivable. Required: a. What was the effect of the write-off on MG's 2021 financial statement income and taxable income? b. What was the effect of the collection of the receivable on MG's 2022 financial statement income and taxable income? Complete this question by entering your answers in the tabs below. elock Required A Required B Ask Print What was the effect of the write-off on MG's 2021 financial statement income and taxable income? Note: If there is no effect, select "no effect" from dropdown. References Financial statement income Taxable income Required B >

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