5 Noyer and are cor6.00 Prague Determining Cash Receipts-Direct Method Marshall Ire had beginning balances January 1) of $500,000 and $12.500 for accounts receivable and the allowance for doubtful accounts, respectively. During the year, the company had the following transactions 52.250.000 w off cours 2.500 Cash collections on account receivable 2.125.000 Baddett expense recorded 7.000 1. Determine the cash receipts from customers reported in the operating activities section in the statement of cash flows assuming the direct method. Support 5 2. Reconcile sales to cash receipes from customers Sales Change in treceable balance Account Collection of accounts receivable previously written off Cath collection