• Don't use ai and explain in detail with formula and calculations

The following selected account balances were taken fromBuckeye Company's general ledger at January 1, 2025 andDecember 31, 2025:January 1December 31Accounts payable$ 25, 000$17 , 000Accounts receivable$ 42, 000tA36, 000Common stock$110, 000180, 000Inventory$ 25, 000LA28, 000Investments$ 43, 00045, 000Land$ 60, 00073, 000Notes payable$100, 000HA60, 000Retained earnings$ 40, 000$98 , 000Salaries payable$ 19, 000$11, 000Buckeye Company's 2025 income statement isgiven below:Sales revenue$420, 000Cost of goods sold$296, 000Salaries expense$ 93,000Gain on sale of investments$ 32, 000Net income$ 63, 000During 2025 Buckeye Company paid $38, 000 cash to purchaseinvestments.Calculate the amount of cash collected from customers during2025.