(Calculate cash collections, LO 3) In its April 30, 2015 financial statements, Ebbsfleet Inc. (Ebbsfleet) reported a beginning accounts receivable balance of $110,000 and an ending accounts receivable balance of $92,000. Ebbsfleet reported sales for the year ended April 30, 2015, of $975,000. All sales are on credit.

Required:

Calculate the amount of cash Ebbsfleet collected from customers during fiscal 2015.