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Smith & Sons is converting its sales revenues to corresponding cash amounts using the direct method. Sales revenue on the income statement are $1,025,000. Beginning

Smith & Sons is converting its sales revenues to corresponding cash amounts using the direct method. Sales revenue on the income statement are $1,025,000.

Beginning and ending accounts receivable on the balance sheet are $58,000 and $34,000, respectively.

Calculate the amount of cash received from customers.

$__________

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