1) Calculating Cash Inflows - A firm sells on trade credit. Calculate the amount of cash received by a company from its customers using the following Income Statement and Balance Sheet data for three independent scenarios: Scenario Beginning A/R $0 $900 $1000 Ending A/R $500 $1,500 $750 Sales $2,000 $5,000 $2,500 Scenario Sales Change in A/R Cash Received