Real World Analysis Excerpts from a telecommunications company's Year 8 annual report follow ($ millions). Income Statement Year 8 Year 7 Revenues. Net income $17,154 3,606 $15,998 2,296 Balance Sheet Current assets Receivables, less allowance for uncollectibles of $338 and $308, respectively. . $ 3,052 $ 3,078 Notes to the Financial Statements Provision for uncollectibles. $ 385 $ 355 a. Required Answer the following questions assuming that the company uses the allowance method to estimate bad debts (provision for uncollectibles) and that all revenues are credit sales. Are estimated uncollectible accounts increasing or decreasing as a percentage of revenues? b. What amount of write-offs of accounts receivable were recorded during Year 8? What amount of cash was collected on receivables during Year 8? d. If the provision for uncollectibles appeared in the statement of cash flows, where would it be shown? Explain. C