52 Sales of Salome Company for 2020 is P500,000. Receivables reported at the beginning and end of the year amounted to P50,000 and P 25,000 respectively. Based on trend, 20% of sales are paid in full. How much cash is collected from sales? (1 Point) 475,000.00 525,000.00 575,000.00 O 625,000.00 53 Sarah Company purchased P2,000,000 worth of inventories in 2020. It returned P200,000. Beginning inventory shows P100,000 balance and cost of goods sold are P1,250,000. Payable at the beginning and end of the period are P 100,000 and P250,000 respectively. How much is cash paid for inventories? (1 Point)