Problem $7-2($Static$)$ Uncollectible accounts; Dell Technologies $[$LO$7-5]$ Dell Technologies is a leading global end$-$to$-$end technology provider, with a portfolio of hardware, software and service solutions. In a recent annual report, the balance sheet included the following information $(\backslash$$ in millions$)$: In addition, the income statement reported sales revenue of $\backslash (\backslash$$ $92,154\backslash )$ million for the current year. All sales are made on a credit basis. The statement of cash flows indicates that cash collected from customers during the current year was $\backslash (\backslash$$ $91,868\backslash )$ million. There could have been significant recoveries of accounts receivable previously written off. Required: $1.$ Compute the following $(\backslash$$ in millions$)$: a$.$ The amount of bad debts written off by Dell during $2020($Hint: Treat it as a plug in the gross accounts receivable account$).$ b$.$ The amount of bad debt expense that Dell included in its income statement for $2020($Hint: Treat it as a plug in the allowance for uncollectible accounts$).$ c$.$ The approximate percentage that Dell used to estimate bad debts for $2020,$ assuming that it used the income statement approach. $2.$ Suppose that Dell had used the direct write$-$off method to account for bad debts. Compute the following $(\backslash$$ in millions$)$: a$.$ The accounts receivable information that would be included in the $2020$ year$-$end balance sheet. b$.$ The amount of bad debt expense that Dell would include in its $2020$ income statement. Complete this question by entering your answers in the tabs below.

Req $2$B

Compute the following $(\backslash$$ in millions$)$:

a$.$ The amount of bad debts written off by Dell during $2020($Hint: Treat it as a plug in the gross accounts receivable account$).$

b$.$ The amount of bad debt expense that Dell included in its income statement for $2020($Hint: Treat it as a plug in the allowance for uncollectible accounts$).$

c$.$ The approximate percentage that Dell used to estimate bad debts for $2020,$ assuming that it used the income statement approach.

Note: Enter your answers in millions. Round your percentage answer to $3$ decimal places.

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a$.$ Bad debts written off or reinstated

b$.$ Bad debt expense

c$.$ Income statement approach

$\backslash \%$ Complete this question by entering your answers in the tabs below.

Suppose that Dell had used the direct write$-$off method to account for bad debts, calculate the accounts receivable information that would be included in the $2020$ year$-$end balance sheet.

Note: Enter your answers in millions.

Req $1$

Req $2$A

Req $2$B

Suppose that Dell had used the direct write$-$off method to account for bad debts, calculate the amount of bad debt expense that Dell would include in its $2020$ income statement.

Note: Enter your answers in millions.