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Question 14 (5 points) Newark Company, which only sells on credit, has provided the following information for 2019: Credit sales were $1,350,000 The balance in

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Question 14 (5 points) Newark Company, which only sells on credit, has provided the following information for 2019: Credit sales were $1,350,000 The balance in accounts receivable was $200,000 at the beginning of 2019 and $255,000 at the end of 2019. No accounts were written off during the year. How much cash was collected from customers? $1,405,000. $1,295,000 $1,350,000. $1,605,000

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