Question: 6.14) Please see the attached image with problem to solve. Please give step by step explanation and be thorough in showing work. Thank you! Questions,

6.14) Please see the attached image with problem to solve. Please give step by step explanation and be thorough in showing work. Thank you!

Questions, Exercises, and Problems EXERCISES 14. Derive sales revenue from data in the statement of cash flows and balance sheet. Microchem Corporation reported a balance of E5,196 million in accounts receivable at the beginning of the year and E5,334 million at the end of the year. Its statement of cash flows using the direct method reported cash collections from customers of E33,551 million for the year. Assuming that Microchem Corporation makes all sales on account, compute the amount of sales during the year

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