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Alex Company prepares its statement of cash flows using the direct method for operating activities. For the year ended December 3 1 , 2 0

Alex Company prepares its statement of cash flows using the direct method for operating activities. For the year ended December 31,2021, Alex Company reports the following activity:
Sales on account $2,100,000
Cash sales 1,110,000
Decrease in accounts receivable 915,000
Increase in accounts payable 108,000
Increase in inventory 72,000
Cost of goods sold 1,575,000
What is the amount of cash collections from customers reported by Alex Company for the year ended December 31,2021?
Group of answer choices
$3,015,000
$3,210,000
$4,125,000
$2,295,000

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