In 2011, Franco Manufacturing had sales of $975,000, beginning Accounts Receivable of $84,500, and ending Accounts Receivable of $110,500. Cash collected from customers for the year totaled

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Cash collected from customers is calculated as: Beginning Accounts Receivable + Sales - Ending Accounts Receivable = $84,500 + $975,000 - $110,500 = $949,000.

In 2011, Franco Manufacturing Had Sales of $975,000, Beginning Accounts