Evans & Sons is converting its sales revenues to corresponding cash amounts using the direct method. Sales
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Evans \& Sons is converting its sales revenues to corresponding cash amounts using the direct method. Sales revenue on the income statement are \(\$ 1,025,000\). Beginning and ending accounts receivable on the balance sheet are \(\$ 58,000\) and \(\$ 38,000\), respectively. Calculate the amount of cash received from customers.
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