The amount of cash that was received from customers for the year is $5,608,800. Thus, the correct option for this question is C.
Sales revenue may be characterized as income from products and services before any expenses are deducted. It is usually calculated over a defined period, such as a financial year or quarter.
According to the question,
The amount of company reported annual sales revenue = $5,544,000.
The amount of decrease from the beginning to the end = $204,000 - $139,200 = $64,800.
∴The amount of cash that was received from customers for the year is = $5,544,000 + $64,800 = $5,608,800.
Therefore, the amount of cash that was received from customers for the year is $5,608,800. Thus, the correct option for this question is C.
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