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Brief Exercise 23-6 At January 1, 2017, Ivanhoe Inc. had accounts receivable of $66,000. At December 31, 2017, accounts receivable is $56,000. Sales revenue for

Brief Exercise 23-6

At January 1, 2017, Ivanhoe Inc. had accounts receivable of $66,000. At December 31, 2017, accounts receivable is $56,000. Sales revenue for 2017 total $411,000. Compute Ivanhoes 2017 cash receipts from customers.

Cash receipts from customers

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