Xavier Ltd provides the following information for the year ended $30$ June $2023$:

$$\text{'}000$

Sales for the year $1560$

Discounts allowed $130$

Bad debts expense $40$

Opening balance Accounts Receivable $660$

Closing balance Accounts Receivable $500$

Sales returns $70$

What amount of cash was received from customers during the year?

Question $12$ Answer

a$.$

$$1550000$

b$.$

$$1480000$

c$.$

$$1230000$

d$.$

$$1160000$

e$.$

None of the above