The financial statements of New World, Incorporated, provide the following information for the current year: Accounts receivable Inventory Prepaid expenses Accounts payable (for merchandise) Accrued expenses payable Net sales Cost of goods sold Operating expenses (including depreciation of $58, 000) What is the amount of cash received from customers during the current year? December 31 $ 282,000 $ 273, 750 $ 70, 800 $ 250, 800 $ 66, 150 $3, 142, 500 $ 1,654, 500 $376, 500 January 1 $ 331, 500 $ 261, 000 $ 67,500 $ 239, 550 $ 76,950 2

The financial statements of New World, Incorporated, provide the following information for the current year: What is the amount of cash received from customers during the current year