Question: 9An internal auditor is deriving cash flow data based on an incomplete set of facts. Bad debt expense was $2,000. Additional data for this period follows: Credit sales $100,000 Gross accounts receivable -- beginning balance 5,000 Allowance for bad debts -- beginning balance (500) Accounts receivable written off 1,000 30,000 Increase in net accounts receivable (after subtraction of allowance for bad debts) How much cash was collected this period on credit sales