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Computing Cash Collections from Customers Points: 1 5 RealTech designs and manufactures robots for consumer, commercial, and military use. For the fiscal year ended January

Computing Cash Collections from Customers Points: 15
RealTech designs and manufactures robots for consumer, commercial, and military use.
For the fiscal year ended January 2,2024 the company reported the following on its balance sheet and income statement (amounts in thousands):
Accounts receivable, net of allowance of $33 at January 2,2024 and $67 at December 2,2022 of $104,679 and $71,056, respectively.
Revenue for fiscal 2023(i.e., the year ended January 2,2024) of $616,778.
Bad debt expense for fiscal 2023 of $0.
Compute the amount of cash collected from customers during fiscal 2023.
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