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Assume Grucan uses the direct method to prepare the statement of cash flows. Credit sales totalled $800,000, accounts receivable increased by $50,000, and accounts payable

Assume Grucan uses the direct method to prepare the statement of cash flows. Credit sales totalled $800,000, accounts receivable increased by $50,000, and accounts payable decreased by $40,000. How much cash did the company collect from customers? A. $750,000 B. $790,000 C. $850,000 D. $800,000

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