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How much cash was provided by collection

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During 2014, Stewart Company reported revenues on an accrual basis of $70,000. Accounts receivable decreased during the year from $35,000 at the beginning to $24,000 at the end. How much cash was provided by collection from customers during the year?

a. $45,500

b. $59,500

c. $70,000

d. $85,500

Reference no: EM131784984

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