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6. The followingedata belongs to Care Company: Accounts receivable on December 31, 2018: S60,000 Accounts receivable on December 31, 2019: $40,000 Net credit sales during

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6. The followingedata belongs to Care Company: Accounts receivable on December 31, 2018: S60,000 Accounts receivable on December 31, 2019: $40,000 Net credit sales during the year 2019: S200,000 Based on the above information, the net cash collected from customers by Care Company during the year 2019 is: a. $180,000 b. $220,000 c. $240,000 d. $260,000 e. None of the above

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