Reference no: EM132718257

Question: The CHS Company has provided the following information:

• Accounts receivable written-off as uncollectible during the year amounted to $11,900.

• The accounts receivable balance at the beginning of the year was $190,000.

• The accounts receivable balance at the end of the year was $250,000.

• The allowance for doubtful accounts balance at the beginning of the year was $14,400.

• The allowance for doubtful accounts balance at the end of the year after the recording of bad debt expense was $13,300.

• Credit sales during the year totaled $920,000.

How much cash was received from collections of accounts receivable?