1. What was the expense that Cisco recorded on its 2014 income statement pertaining to bad debt (note that it may not show up as a separate line item on the Income Statement)? 2. Suppose Cisco had never used the allowance method to account for doubtful accounts and had used the specific write-off method instead. i. Would the Total Assets as of July 26, 2014 be higher than, lower than, or the same as currently reported? If different, by how much? 11. 111. Would the Net Income for fiscal year 2014 be higher than, lower than, or the same as currently reported? If different, by how much? Would the total Shareholder's Equity as of July 26, 2014 be higher than, lower than, or the same as currently reported? If different, by how much? 3. What is your best estimate of the total amount of cash that Cisco collected from customers during its fiscal year 2014?