3. Start to Finish Line, Inc. had sales of $16 million of sporting goods in the current year of operation. The company received total payments of $15.4 million from its customers for these goods during the current year of operations. The company's income statement for the current year would report O Sales revenue of $16 million. Sakes revenue of $15.4 million. O Accounts receivable of $600,000. O Cost of sales of $15.4 million.

3. Start to Finish Line, Inc. had sales of $16 million of sporting goods in the current year of operation. The company received total payments of $15.4 million from its customers for these goods during the current year of operations. The company's income statement for the current year would report Sales revenue of $16 million. Sakes revenue of $15.4 million. Accounts receivable of $600,000. Cost of sales of $15.4 million