20. Sales at Monica's Mantles last year were $2,400,000. Assume that the sales occurred evenly throughout the year. Assume also that customers owed $200,000 at the start of the year, and that all customers took one month to pay. There were no bad debts or late payers. Cash collection from customers in the year was a) $2,000,000 b) $2,200,000 c) $2,400,000 (1) $2,500,000 e) None of the above