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yayellow.CURASSIG Ressignment Main.dolinvokere&takeAssignment ssionLocator=&inprogress=fal... eBook Calculator Cash Collections-Direct Method Oakmont Inc. reported accounts receivable of $20,000 on its December 31, 2016 lance sheet. On December

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yayellow.CURASSIG Ressignment Main.dolinvokere&takeAssignment ssionLocator=&inprogress=fal... eBook Calculator Cash Collections-Direct Method Oakmont Inc. reported accounts receivable of $20,000 on its December 31, 2016 lance sheet. On December 31, 2017, accounts receivable had decreased to $23,500. Sales for the year amounted to $54,000 What is the amount of cash collections that Oakmont will report in the Operating Activities section of its 2017 statement of cash flows assuming that the direct method is used Previous Ne Check My Work All work saved 104

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