2. You are required to prepare and submit a short report of your findings on Blackboard. The report should not be more than one page long and should be submitted under the name "AR_LastName_FirstName_StudentID.pdf. The report should provide the following: a. A brief description of the task you were given, the data used and your method of analysis. Year Total outstanding receivables Percent of sales on account b. A table presenting the analysis results in the following format*: Percent of outstanding receivable written off by receivable age group written off 0-30 31-60 61-90 Over 90 2013 2014 2015 2016 2017 2018 Please be sure to include a heading and explanation of the table you present. c. Your recommendations and the reasoning behind them - should you use percent of credit sales or aging of receivables? (Some questions you may want to consider are: is the aging method the right choice for the company given the historical data? Should all the years be included in the analysis? Should you use mean or median to calculate the percentages? Are there any extreme observations that should not be included in the analysis? Do the number of customers matter in a given year? Does the balance of total receivables vary significantly and what you conclude given these differences?)