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During the financial year Marina Limited had sales of $720000. The opening balance of trade receivables was $103 000, and the ending balance was $139000.

During the financial year Marina Limited had sales of $720000. The opening balance of trade receivables was $103 000, and the ending balance was $139000. Bad debts of $34000 were written off during the period. The cash receipts from customers during the year were equal to

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