Question 11 of 15 - 72 III View Policies Current Attempt in Progress Oceans Limited sold $1,750,000 worth of goods during the current year. The cost of goods sold is $1,050,000. Credit sales were $1,575,000, of which 40% were still outstanding. How much cash was collected by Oceans Ltd.? O $1,575,000 O $1,120,000 O $ 805,000 O $ 175,000 Save for Later Attempts: 0 of 1 used Submit