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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

QS 12-26B (Algo) Direct: Computing cash received from customers LO P5

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?