Question: Devine Co. is unique in that it is able to generate revenues with no expenses except those associated with bad debt. Sales for the year

Devine Co. is unique in that it is able to generate revenues with no expenses except those associated with bad debt. Sales for the year 220,000 Beg. AR 9,000 End AR 13,000 Beg. Allow 900 End. Allow. 700 Bad debt expense 3,200 Required: What were the cash collections for the year?

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