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The balance in Accounts Receivable at the beginning of the year amounted to $2,080. During the year, $7,600 of credit sales were made to customers.
The balance in Accounts Receivable at the beginning of the year amounted to $2,080. During the year, $7,600 of credit sales were made to customers. If the ending balance in Accounts Receivable amounted to $1,320, and uncollectible accounts expense amounted to $540, what is the amount of cash inflow from customers that would appear in the operating activities section of the cash flow statement?
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