Exerclse 13.4 (Statlc) Comparing Net Sales and Cash Recelpts (LO13-3, LO13-6) During the current year, Tachnic, Inc., made cash sales of $289,000 and credit sales of $472000. During the year, accounts recelvable decreased by $32,000. a-1. Compute for the current year the amount of net sales reported as revenue in the Income statement. a-2 Compute for the current year the amount of cash recelved from collecting accounts recelvable. a-3. Compute for the current year the amount of cash recelved from customers. Assume that the credit sales amount has been collected during the current year