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Natari Gaming Company sold $11 million of computer games in its first year of operations. The company received payments of $7.5 million for these computer

Natari Gaming Company sold $11 million of computer games in its first year of operations. The company received payments of $7.5 million for these computer games. The companys income statement would report which of the following:

Sales Revenue of $11 million.
Accounts Receivable of $3.5 million.
Sales Revenue of $7.5 million.
Expenses of $3.5 million.

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