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Carson Enterprises' comparative balance sheets included accounts receivable of $220,300 at December 31, 2014, and $200,900 at December 31, 2015.Sales reported on Carson's 2015 income statement amounted to $2,350,000.What is the amount of cash collections that Carson will report in the Operating Activities category of its 2015 statement of cash flows assuming that the direct method is used?
Mid-Twentieth Century
Pertains to the period around the middle of the 20th century, typically considered to span from the 1930s to the 1960s.
State Hospitals
Public hospitals administered by the government, often specifically for mental health care, rehabilitation, or long-term illness.
Mid-1900s
The period from 1950 to 1999, often considered a time of significant social, economic, and technological change.
Institutionalization
The process by which individuals become reliant on an institution for their social support, often leading to the loss of independence and autonomy.
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