Question: At January 1 , 2 0 2 0 , Blue Inc. had accounts receivable of $ 6 7 , 0 0 0 . At December

At January 1,2020, Blue Inc. had accounts receivable of $67,000. At
At January 1,2020, Blue Inc. had accounts receivable of $67,000. At December 31,2020, accounts receivable is $59,000. Sales
revenue for 2020 total $419,000.
Compute Blue's 2020 cash receipts from customers.
Cash receipts from customers $
December 31,2020, accounts receivable is $59,000. Sales revenue for 2020 total $419,000.

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