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  3. the following information is from cashew, inc.s de

The following information is from Cashew, Inc.s December 31, 2011 annual report: Income statement Balance...

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Accounting

The following information is from Cashew, Inc.s December 31, 2011 annual report: Income statement Balance sheet 12/31/11 12/31/10 Sales Revenue $90,000 Accounts receivable $8,000 $10,000 Salary expense $30,000 Salary payable $2,000 $3,000 Cash collected from customers on Cashew, Inc.s statement of cash flows equals ________.

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