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The Friends Company reports sales revenue of $300,000 on its income statement. Its balance sheet reveals beginning and ending accounts receivable of $60,000 and $56,400,

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The Friends Company reports sales revenue of $300,000 on its income statement. Its balance sheet reveals beginning and ending accounts receivable of $60,000 and $56,400, respectively. What is the amount collected from customers of the company? Select one: a. $247,000 b. $3,000 C. $303,600 d. $253,000

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