Question: On December 31, 2016, Wellstone Company reported net income of $70,000 and sales of $210,000. The company also reported beginning and ending accounts receivable at

On December 31, 2016, Wellstone Company reported net income of $70,000 and sales of $210,000. The company also reported beginning and ending accounts receivable at $20,000 and $25,000, respectively. Wellstone will report cash collected form customers in its 2016 statement of cash flows (direct method0 in the amount of

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