Question: Butler Corp. reported the following in the Current Assets section of its comparative balance sheets: The company uses the direct method on its statement of

Butler Corp. reported the following in the Current Assets section of its comparative balance sheets:

The company uses the direct method on its statement of cash flows and reported that it collected $45,200 during 2016 from its customers. Determine sales revenue for 2016.

12/31/16 12/31/15 Current Assets: Accounts receivable $12,500 $15,300

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