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Question 1 1 pts The balance in Accounts Receivable at the beginning of the year was $750,000. The balance in Accounts Receivable at the end

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Question 1 1 pts The balance in Accounts Receivable at the beginning of the year was $750,000. The balance in Accounts Receivable at the end of the year was $1,050,000. Customer accounts of $275,000 were written off during the year. The company collected $5,075,000 from credit customers and $975,000 from cash customers. What are credit sales for the year? $6,625,000 $5,650,000 $5,050,000 $5,375,000

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