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At January 1, 2020, Eikenberry Inc. had accounts receivable of $72,000. At December 31, 2020, accounts receivable is $54,000. Sales revenue for 2020 total $420,000.
At January 1, 2020, Eikenberry Inc. had accounts receivable of $72,000. At December 31, 2020, accounts receivable is $54,000. Sales revenue for 2020 total $420,000. Compute Eikenberry's 2020 cash receipts from customers.
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