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Baker Corporation reported sales of $90,000 for the current year. If accounts receivable increased $12,000 during the year and unearned revenue decreased $2,000 during the
Baker Corporation reported sales of $90,000 for the current year. If accounts receivable increased $12,000 during the year and unearned revenue decreased $2,000 during the year, cash collected from sales was?
a.76,000
b.78,000
c.90,000
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