A company reported annual sales revenue of $950,000. During the year accounts receivable increased from a $84,000 beginning balance to a $96,000 ending balance. Advances from customers (Unearned revenue) decreased from a $46,000 beginning balance to a $36,000 ending balance. How much cash was collected from customers during the year? Select one: a. $938,000 b. $952,000 c. $950,000 d. $940,000 e. $928,000

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