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Accounts receivable receivable was 165,000 in December 31, 2015 and 140,000 in December 31, 2016. Revenue on 2016 Income Statement: 1,500,000. How much cash was

Accounts receivable receivable was 165,000 in December 31, 2015 and 140,000 in December 31, 2016. Revenue on 2016 Income Statement: 1,500,000. How much cash was collected in 2016?

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