What is the amount of cash MGM has a right to collect vs. expects to collect from their casino receivables from the 2003 balance sheet? How do write-offs impact the AR, net? Look back at page T of the Module 8 notes and list the 2 possible scenarios that the trend in bad debt expenseisales and AllowancelGross AR suggests about MGM Casinos. Use other data provided in the case to distinguish which scenario is more likely. In 2004, the provision for doubtful account is negative. What impact will this provision have on net income in 2004'? Why would a firm choose to recognize a negative provision for doubtlul accounts? Hint: It is not because they have recovered cash from AR previously written off