you submit your quiz, check the feedback to find out which questions you answered correctly and get tips about how to ove your incorrect answers. If you need more help, see the Homework Solutions or visit your instructor during office hour Question 1 1 pts During Year 1, Patel Service Co. earned $35,000 of cash revenue and $4,500 of revenue on account Cash operating expenses were $19,000. After numerous attempts to collect a $120 account receivable from Sam Stephens, the account was determined to be uncollectible. In Year 2. Sam Stephens paid $100 of the $120 previously written off. How much Revenue did Patel recognize in Year 1? Do not enter dollar signs or commas in your answers. Question 2 1 pts What amount of Net Income did Patel report on the Year 1 Income Statement? Question 3 1 pts What is Patel's Year 1 Cash Flow from Operating Activities? Question 4 1 pts Question 4 1 pts What is the Accounts Receivable balance reported on the Year 1 Balance Sheet? Question 5 1 pts When a collection is made after an account has been written-off, the account must be reinstated. Reinstating an account has what affect on Bad Debt Expense under the Direct Method? O has no affect on Bad Debt Expense increases/debits Bad Debt Expense decreases/credits Bad Debt Expense Question 6 1 pts What is the balance in the Bad Debt Allowance account at the end of Year 2