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On January 1, Year 2, the balance of Jacobs Corporation's Accounts Receivable was $27,000. Sales on account for Year 2 amounted to $174,000 and the

On January 1, Year 2, the balance of Jacobs Corporation's Accounts Receivable was $27,000. Sales on account for Year 2 amounted to $174,000 and the ending balance of Accounts Receivable was $42,500. What is the amount of cash collected from customers?

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