Compute the amount of cash collected from customers

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Reference no: EM13943817

CASH RECEIPTS FROM CUSTOMERS

Singleton Inc. had accounts receivable of $365,000 at January 1, 2009, and $410,000 at December 31, 2009. Net income for 2009 was $550,000 and sales revenue was $925,000.

Required:

Compute the amount of cash collected from customers.

Reference no: EM13943817

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