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Caler Corp How Much Cash Was Collected from Customers During 2018?

Question 60

Multiple Choice

Caler Corp.reported the following information for 2017 and 2018:  Accounts receivable, December 31,2017$67,000 Accounts receivable, December 31,2018 63,000 Sales (all on credit) -2018 745,000\begin{array}{lr}\text { Accounts receivable, December } 31,2017 & \$ 67,000 \\\text { Accounts receivable, December 31,2018 } & 63,000 \\\text { Sales (all on credit) -2018 } & 745,000\end{array} How much cash was collected from customers during 2018?


A) $741,000
B) $745,000
C) $749,000
D) $753,000

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