Hunter, Inc.'s accounts receivable increased during the year by $407,000. Its bad debt expense was $235,000, and its allowance for uncollectible accounts increased by $170,000. What is the amount of cash Hunter, Inc. received from customers during the reporting period if its sales were $4,470,000?

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Answer:

What is the amount of cash Hunter, Inc. received from customers during the reporting period if its sales were $4,470,000?

Cash received_____________________4235000

Explanation:

Sales __________________________ 4470000

Account receivable increase________ 235000

 

Cash received_____________________4235000