Question: Using the following information, compute cash collected from customers . Sales $10,000 Cost of goods sold 5,300 Operating expenses 3,800 End of Year Beginning of

Using the following information, compute cash collected from customers.

Sales $10,000

Cost of goods sold 5,300

Operating expenses 3,800

End of Year Beginning of Year

Prepaid operating expenses $1,000 $700

Accounts payable 1,350 1,200

Inventory 2,500 2,100

Accounts receivable 1,400 1,375

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