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Statement of Cash Flows: Revenue is 9,000 and Cost of Goods Sold is 5,000. Accounts receivable increased by 3,500, write-offs were 500, Inventory decreased by
Statement of Cash Flows: Revenue is 9,000 and Cost of Goods Sold is 5,000. Accounts receivable increased by 3,500, write-offs were 500, Inventory decreased by 1,500, and accounts payable decreased by 500. Calculate cash received from customers and cash paid to suppliers.
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