Also the net increase in cash

175, ee 227 , 119, e 109, 3 319, $ 21, $ 15, 28, 6 69, 97 , 6 54, 179, 229, 285 , ook i nt 488, 314, 174, rint ences Inventory Prepaid expenses Total current assets Furniture Accumulated depreciationFurniture Total assets Liabilities and Equity Accounts payable Wages payable Income taxes payable Total current liabilities Notes payable (tongterm) Total liabilities Equity Connon stock, $5 par value Retained earnings Total liabilities and equity (17,) 9, 25, 29, 35,6 $ 319, 22t. $ 285, 89, l 37 , 6 47,300 17 ,3o 3, 4,200 (9,) 5, 2 , 6 8,400 CRUZ, INCORPORATED Income Statement For Year Ended December 31, Sa les Cost of goods sold Gross profit Operating expenses (excluding depreciation) Depreciation expense Income before taxes Income taxes expense Net income 1. 2. How much cash is received from sales to customers for year 2021? Assume all the sales were made on credit basis. What is the net increase or decrease in the Cash account for year 2021? Complete this question by entering your answers in the tabs below. Required 1 Required 2 How much cash is received from sales to customers for year 2021? Assume all the sales were made on credit basis. Accounts Receivable Beginning balance Ending balance