Question: Boulevard, Inc. uses the direct method to prepare its statement of cash flows. Use the following information reported for 2019: Sales Revenue, $45,000 Interest Revenue,
Boulevard, Inc. uses the direct method to prepare its statement of cash flows. Use the following information reported for 2019:
Sales Revenue, $45,000
Interest Revenue, $700
Accounts Receivable, beginning balance, $13,600
Accounts Receivable, ending balance, $29,000
There were no amounts reported for Interest Receivable.
Compute the total cash receipts.
A.$13,600
B.$29,000
C.$30,300
D.$ 58,600
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