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The following information is available for Sunland Corporation's first year of operations: Payment for merchandise purchases Ending merchandise inventory Accounts payable (balance at end

The following information is available for Sunland Corporations first year of operations Payment for merchandise purchases $

The following information is available for Sunland Corporation's first year of operations: Payment for merchandise purchases Ending merchandise inventory Accounts payable (balance at end of year) Collections from customers $330,500 148,500 57,400 282,000 The balance in accounts payable relates only to merchandise purchases. All merchandise items were marked to sell at 30% above cost. What should be the ending balance in accounts receivable, assuming all accounts are deemed collectible? Ending balance in accounts receivable $

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