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MC Qu. 40 LO 21-03, 21-08 Bowers Corporation reported the following... Bowers Corporation reported the following ($ in 000s) for the year: Balance Beginning Ending

MC Qu. 40 LO 21-03, 21-08 Bowers Corporation reported the following...

Bowers Corporation reported the following ($ in 000s) for the year:

Balance
Beginning Ending
Accounts receivable $560 $830

Sales on account were $1,860 for the year. How much cash was collected from customers on account?

$1,576.

$1,590.

$1,591.

$2,116.

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