Do not give answer in image An excerpt of Vandelay Industries financial statements shows the following account balances:CashAccounts receivable, net iInventoryAccounts PayableUnearned RevenueSales revenueCost of Goods SoldOperating Expenses1,867,0001,850,000Ⓒ1,840,000Ⓒ1,833,000Dec. 31,201935,000$15,400146,000111.00060,00052,000Dec. 31,2020$35,000170,00092,00058,00059,0001,850,000How much will Vandelay report as cash received from customers in its 2020 Statement of Cash Flows?1,100,000350,000

Cash flows of a company represent the movement of actual money in and out of the business,…

An excerpt of Vandelay Industries financial statements shows the following account balances: Cash Accounts receivable, net Inventory Accounts Payable Unearned Revenue Sales revenue Cost of Goods Sold Operating Expenses 1,867,000 1,850,000 1.840,000 1,833,000 Dec. 31, 2019 35,000 $15,400 146,000 111,000 60,000 52,000 Dec. 31, 2020 $35,000 170,000 92,000 58,000 59,000 1,850,000 How much will Vandelay report as cash received from customers in its 2020 Statement of Cash Flows? 1,100,000 350,000