Cindy Crawford Inc. reported sales of ($ 2) million for 1996. Accounts receivable decreased ($ 100,000) and

Question:

Cindy Crawford Inc. reported sales of $\$ 2$ million for 1996. Accounts receivable decreased $\$ 100,000$ and accounts payable increased $\$ 300,000$. Compute cash receipts from customers, assuming that the receivable and payable transactions related to operations.

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