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Paxton Inc. had the following information related to last year's sales: Cash sales $150,000 Credit...

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Accounting

Paxton Inc. had the following information related to last year's sales: Cash sales $150,000 Credit sales 280,000 Accounts receivable beginning 30,000 Accounts receivable ending 56,000 What amount would be reported as "cash collections from customers" on the statement of cash flows using the direct method

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