20 Rae Company purchased a new vehicle by paying $10,800 cash on the purchase date and agreed to pay $3,800 every three months during the next five years. The first payment is due three months after the purchase date. Rae's incremental borrowing rate is 16%. The vehicle reported on the balance sheet as of the purchase date is closest to: (FV of $1. PV of S1, FVA of $1, and PVA of S1) (Use appropriate factor(s) from the tables provided.) Muhipie Choice S51.643 SR6 o o o o $76,000 S62 43. 19 A company's 2019 income statement reported total sales revenue of $1,400,000; accounts receivable increased by $29,000 and the unearned sales revenue account decreased $19,000 during 2019. How much cash was collected from customers during 2019? Multiple Choice $1,381,000. O $1,429,000. $1,352,000. $1,371,000