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Exercise 7-17 (Algo) Uncollectible accounts; allowance method; solving for unknowns; Company [LO7-5, 7-6] Miller Company reported the followino information in its 2017 financial statements (

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Exercise 7-17 (Algo) Uncollectible accounts; allowance method; solving for unknowns; Company [LO7-5, 7-6] Miller Company reported the followino information in its 2017 financial statements ( $ in millions): A note disciosed that the allowance for uncollectible accounts had a balance of $43.9million and $40.9million at the end of 2017 and 2016, respectively, Bad debt expense for 2017 was $31.2 million. Required: Determine the amount of cash collected from customers during 2017. (All sales are on credit. Enter your answer in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).)

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