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The following selected account balances were taken from ABC Company's gen eral Ledgers for 2019: January 1,2019 December31,_2019 Inventory Accounts payable Salaries payable Investments Accounts
The following selected account balances were taken from ABC Company's gen eral Ledgers for 2019: January 1,2019 December31,_2019 Inventory Accounts payable Salaries payable Investments Accounts receivable Land Notes payable Unearned revenue Common stock Retained earnings 47,000 50,000 9,000 68,000 69,000 58,000 95,000 17,000 100,000 23,000 56,000 28,000 4,000 75,000 53,000 88,000 120,000 25,000 170,000 35,000 The following information was taken from ABC Company's 2019 income statem ent: SaLes revenue Cost of goods sold Salaries expense Net income $420,000 300,000 88,000 $ 32,000 Calculate the amount of cash collected from customers during 2019
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