Reformulating Allowance for Doubtful Accounts MGM International operates casinos and resorts across the U.S. and in China. The company reported the following in its SEC filings. MGM reported the following on its balance sheets. a. Analyze the allowance account for each of the four years by computing the ratio of the allowance to gross accounts receivable. Note: Round the percentage to two decimal places (for example, enter 14.56% for 14.55555% ). all four years. Follow the process in Analyst Adjustments 5.2; income statement first, followed by balance sheet. Note: Do not round until your final answers; round your final answers to the nearest whole dollar. receivables. Note: Do not round until your final answers; round your final answers to the nearest whole dollar