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Ervin Company began the accounting period with $58,000 in accounts receivable. The ending balance in...

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Accounting

Ervin Company began the accounting period with $58,000 in accounts receivable. The ending balance in accounts receivable was $21,600. If the credit sales during the period were $120,000, what is the amount of cash received from customers?

$58,000

$120,000

$156,400

$199,600

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