Partial balance sheets and additional information are listed below for James Company. James Company Partial Balance Sheets as of December 31 2021 2020 Assets Cash Accounts receivable Inventory Liabilities Accounts payable $42.000 95,000 26,000 $21,000 90,800 42,000 $59,000 $74,000 Additional information for 2021: Net income was $172,000. Depreciation expense was $32,000. Sales totaled $820,000. Cost of goods sold totaled $327,000. Required: Prepare the summary entry for the amount of cash received from customers during 2021. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet Credit No General Journal Event Debit 326,000 Accounts payable Cash 326,000