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A comparative balance sheet and income statement is shown for Cruz, Incorporated.

CRUZ, INCORPORATEDComparative Balance SheetsAt December 3120212020Assets Cash$ 90,700$ 22,700Accounts receivable, net38,90048,100Inventory81,30090,300Prepaid expenses5,1004,100Total current assets216,000165,200Furniture102,900116,200Accumulated depreciationFurniture(15,900)(8,800)Total assets$ 303,000$ 272,600Liabilities and Equity Accounts payable$ 14,300$ 20,000Wages payable8,5004,600Income taxes payable1,4002,500Total current liabilities24,20027,100Notes payable (long-term)28,80066,300Total liabilities53,00093,400Equity Common stock, $5 par value215,100171,900Retained earnings34,9007,300Total liabilities and equity$ 303,000$ 272,600CRUZ, INCORPORATEDIncome StatementFor Year Ended December 31, 2021Sales$ 466,600Cost of goods sold300,300Gross profit166,300Operating expenses (excluding depreciation)85,200Depreciation expense35,900Income before taxes45,200Income taxes expense16,500Net income$ 28,700

1. How much cash is received from sales to customers for year 2021? Assume all the sales were made on credit basis.
2. What is the net increase or decrease in the Cash account for year 2021?

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• Required 2

How much cash is received from sales to customers for year 2021? Assume all the sales were made on credit basis.

Accounts ReceivableBeginning balance Ending Balance0

What is the net increase or decrease in the Cash account for year 2021?