
Explanation:
To calculate the cash received from customers, adjust the revenue by the net change in accounts receivable for the year. The formula is:
Cash Received = Revenue - (Ending Accounts Receivable - Beginning Accounts Receivable)
Substituting the given values:
2,100 - (230 - 200) = 2,070
Option B is incorrect because it adds the change in cash to revenues instead of adjusting for accounts receivable. Option C is incorrect because it adds the change in accounts receivable to revenue rather than subtracting it.
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