Question: provide answer Summit Apparel Co. reported the following figures in its financial records for the fiscal year ended December 31, 2023: - Beginning accounts receivable:

provide answer

Summit Apparel Co. reported the following figures in its financial records for the fiscal year ended December 31, 2023: - Beginning accounts receivable: $520,000 - Ending accounts receivable: $465,000 - Total credit sales for the year: $6,180,000 All sales were made on credit. Calculate the amount of cash collected from customers during 2023

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