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What was the total cash collected from all customers

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Problem 1: During the year, Rinks Corp. reported $510,000 in cash sales and $2,350,000 in credit sales. Beginning Accounts Receivable was $360,000 and ending Accounts Receivable was $475,000. What was the total cash collected from all customers during the year?

Select one:

A. $2,745,000
B. $2,675,000
C. $3,695,000
D. $2,975,000

Reference no: EM132916747

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