1. Al-bracken Co. began the year with an accounts receivable balance of $78,000, and ended the year with an accounts receivable balance of $54,000. During the year, Al-bracken Co. recorded $445,400 of sales on account. How much cash did Al-bracken Co. collect from its customers during the year?

2. Elles Soap Co. began the year with an accounts payable balance related to inventory purchases of $15,000. The balance in the account at the end of the year was $26,800. During the year, Elles Soap Co. purchased $118,000 of inventory on account. How much cash did Elles Soap Co. pay for inventory purchases during the year?