Copper Company engaged in the following transactions during April Performed services for cash $215,000 Performed services on credit 108,000 Purchased office supplies on account 56,000 Paid salaries in cash 129,000 Collected on account ? Paid on account 38,000 If the balance in cash after these transactions is $115,000, how much cash was collected on account?
A) $67,000
B) $62,000
C) $15,000
D) $29,000
A
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