At January 1, 2020, Ivanhoe Inc. had accounts receivable of $71,000. At December 31, 2020,...

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Accounting

At January 1, 2020, Ivanhoe Inc. had accounts receivable of $71,000. At December 31, 2020, accounts receivable is $50,000. Sales revenue for 2020 total $417,000. Compute Ivanhoes 2020 cash receipts from customers.

Cash receipts from customers

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