Newark Company has provided the following information: Cash sales, $650,000 Credit sales, $1,550,000 Selling and administrative expenses, $530,000 Sales returns and allowances, $110,000 Gross profit, $1,560,000 Increase in accounts receivable, $75,000 Bad debt expense, $53,000 Sales discounts, $63,000 Net income, $1,030,000 How much cash was collected from customers