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12/31/14 $32,765 $48,350 $24.341 Cha Accounts receivable Inventory Accounts payable $39,904 $51,616 $22,407 $7,139 $3,266 $1,934 2014 Selected Income Statement Items for Rian Company Cash

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12/31/14 $32,765 $48,350 $24.341 Cha Accounts receivable Inventory Accounts payable $39,904 $51,616 $22,407 $7,139 $3,266 $1,934 2014 Selected Income Statement Items for Rian Company Cash sales Credit sales Total sales Cost of goodssold$464,188 $378,000 $471,000 $849.000 Rian Company had set a target of 24.7 days for the collection cycle for 2014. If total sales had remained at $849,000, how much of the sales revenue would have needed to be cash sales for the company to have met the collection goal? If total sales had remained at $849,000, how much of the sales revenue would have needed to be cash sales for the company to meet the collection goal? Round to the nearest dollar.)

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