Question: ANSWER PLEASE Cash Collections-Direct Method Emily Enterprises' comparative balance sheets included accounts receivable of $349,900 at December 31,2016, and $286,300 at December 31,2017 . $3
Cash Collections-Direct Method Emily Enterprises' comparative balance sheets included accounts receivable of $349,900 at December 31,2016, and $286,300 at December 31,2017 . $3 ies reported on Emily's 2017 income statement amounted to $3,181,200. What is the amount of cash collections that Envily will report in the Operating Activities category of its 2017 statement of cash fiows assuming that the direct method is used
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