Question: Please Show All Work! Johnson Mills reported the following information in its 2015 financial statements (S in millions) 2015 Balance Sheets: Accounts receivable, net 2015

Please Show All Work! Johnson Mills reported the following information in its Please Show All Work!

Johnson Mills reported the following information in its 2015 financial statements (S in millions) 2015 Balance Sheets: Accounts receivable, net 2015 Income statement: Sales revenue 3,250.0 $2,227. $19,583.1 A note disclosed that the allowance for uncollectible accounts had a balance of $46.9 million and $43.3 million at the end of 2015 and 2014, respectively. Bad debt expense for 2015 was $33.6 million. Required: Determine the amount of cash collected from customers during 2015. (All sales are on credit. Enter your answer in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).)

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