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[The following information applies to the questions displayed below.] A comparative balance sheet and income statement is shown for Cruz, Incorporated.

CRUZ, INCORPORATED
Comparative Balance Sheets
At December 31	2021	2020
Assets
Cash	$ 72,900	$ 18,100
Accounts receivable, net	31,300	38,400
Inventory	65,600	72,100
Prepaid expenses	4,000	3,300
Total current assets	173,800	131,900
Furniture	80,600	93,500
Accumulated depreciationFurniture	(12,500)	(7,100)
Total assets	$ 241,900	$ 218,300
Liabilities and Equity
Accounts payable	$ 11,400	$ 16,100
Wages payable	6,800	3,800
Income taxes payable	1,200	2,100
Total current liabilities	19,400	22,000
Notes payable (long-term)	24,800	55,800
Total liabilities	44,200	77,800
Equity
Common stock, $5 par value	170,300	134,800
Retained earnings	27,400	5,700
Total liabilities and equity	$ 241,900	$ 218,300

CRUZ, INCORPORATED
Income Statement
For Year Ended December 31, 2021
Sales	$ 373,800
Cost of goods sold	240,600
Gross profit	133,200
Operating expenses (excluding depreciation)	68,300
Depreciation expense	28,800
Income before taxes	36,100
Income taxes expense	13,100
Net income	$ 23,000

1. How much cash is received from sales to customers for year 2021? Assume all the sales were made on credit basis. 2. What is the net increase or decrease in the Cash account for year 2021?

[The following information applies to the questions displayed below.) A comparative balance sheet and income statement is shown for Cruz, Incorporated. 2020 CRUZ, INCORPORATED Comparative Balance Sheets At December 31 2021 Assets Cash $ 72,900 Accounts receivable, net 31,300 Inventory 65,600 Prepaid expenses 4,000 Total current assets 173,800 Furniture 80,600 Accumulated depreciation-Furniture (12,500) Total assets $ 241,900 Liabilities and Equity Accounts payable $ 11,400 Wages payable 6,800 Income taxes payable 1,200 Total current liabilities 19,400 Notes payable (long-term) 24,800 Total liabilities 44,200 Equity Common stock, $5 par value 170,300 Retained earnings 27,400 Total liabilities and equity $ 241,900 $ 18,100 38,400 72,100 3,300 131,900 93,500 (7,100) $ 218,300 $ 16,100 3,800 2,100 22,000 55,800 77,800 134,800 5,700 $ 218,300 CRUZ, INCORPORATED Income Statement For Year Ended December 31, 2021 Sales Cost of goods sold Gross profit Operating expenses (excluding depreciation) Depreciation expense Income before taxes Income taxes expense $ 373,800 240,600 133,200 68,300 28,800 36,100 13, 100 Cost of goods sold Gross profit Operating expenses (excluding depreciation) Depreciation expense Income before taxes Income taxes expense Net income 240,600 133,200 68,300 28,800 36,100 13, 100 $ 23,000 1. How much cash is received from sales to customers for year 2021? Assume all the sales were made on credit basis. 2. What is the net increase or decrease in the Cash account for year 2021? Complete this question by entering your answers in the tabs below. Required 1 Required 2 How much cash is received from sales to customers for year 2021? Assume all the sales were made on credit basis. Accounts Receivable Beginning balance Ending Balance 0