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Ingram Corp.'s 2024 income statement showed $20,900,300 of sales revenue. 50% of Ingram's sales were for cash. Ingram's accounts receivable were $511,400 at December 31,

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Ingram Corp.'s 2024 income statement showed $20,900,300 of sales revenue. 50% of Ingram's sales were for cash. Ingram's accounts receivable were $511,400 at December 31, 2023 and $556,600 at December 31, 2024. On Ingram's 2024 statement of cash flows prepared using the direct method, Ingram reports "Cash collected from customers" of

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