Comparative balance sheets included accounts receivable

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Reference no: EM13749733

Emily Enterprises' comparative balance sheets included accounts receivable of $224,600 at December 31, 2013, and $205,700 at December 31, 2014. Sales reported on Emily's 2014 income statement amounted to $2,250,000.

What is the amount of cash collections that Emily will report in the Operating Activities category of its 2014 statement of cash flows assuming that the direct method is used?

Reference no: EM13749733

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