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Tropical Tours reported revenue of $414,000 for its year ended December 31, 2021. Accounts receivable at December 31, 2020 and 2021, were $35,200 and $30,700,

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Tropical Tours reported revenue of $414,000 for its year ended December 31, 2021. Accounts receivable at December 31, 2020 and 2021, were $35,200 and $30,700, respectively. Using the direct method for reporting cash flows from operating activities, Tropical Tours would report cash collected from customers of

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