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Tropical Tours reported revenue of $405,000 for its year ended December 31, 2021. Accounts receivable at December 31, 2020 and 2021, were $36,400 and $31,200,

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Tropical Tours reported revenue of $405,000 for its year ended December 31, 2021. Accounts receivable at December 31, 2020 and 2021, were $36,400 and $31,200, respectively. Using the direct method for reporting cash flows from operating activities, Tropical Tours would report cash collected from customers of Multiple Choice (0) $441,400 $410,200. (0) O $399.800. $405,000

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