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Kane, Inc. had cash sales of $750,000 and credit sales of $1,500,000 . The accounts receivable balance increased $30,000 during the year. How much cash

Kane, Inc. had cash sales of

$750,000

and credit sales of

$1,500,000

. The accounts receivable balance increased

$30,000

during the year.\ How much cash did Kane receive from its customers during the year?\ Select one:\ A.

$1,620,000

\ B.

$2,220,000

\ C.

$2,280,000

\ D.

$1,680,000
image text in transcribed
Kane, Inc. had cash sales of $750,000 and credit sales of $1,500,000. The accounts receivable balance increased $30,000 during the year. How much cash did Kane receive from its customers during the year? Select one: A. $1,620,000 B. $2,220,000 C. $2,280,000 D. $1,680,000

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