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Sales revenue for HMT Corporation was $ 3 2 0 , 0 0 0 . The following data are from the accounting records of HMT:

Sales revenue for HMT Corporation was $320,000. The following data are from the accounting records of HMT:
Accounts receivable, January 1
$76,000
Accounts receivable, December 31
60,000
The cash received from customers was:
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