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During 2022, Sedgewick Inc. had sales on account of $528,000, cash sales of $216,000, and collections on account of $336,000. In addition, they collected $5,800

During 2022, Sedgewick Inc. had sales on account of $528,000, cash sales of $216,000, and collections on account of $336,000. In addition, they collected $5,800 which had been written off as uncollectible in 2021. As a result of these transactions, the change in the accounts receivable balance from the beginning of the year to the end of the year indicates a

Answer:

$402,200

$192,000

$186,200

$408,000

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