Welcome to Westonci.ca, where you can find answers to all your questions from a community of experienced professionals. Connect with a community of experts ready to help you find solutions to your questions quickly and accurately. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

April Wood Products’ accounts receivable increased during the year by $4 million. What is the amount of cash April Wood Products received from customers during the reporting period if its sales were $44 million? Prepare a summary entry that represents the net effect of the selling and collection activities during the reporting period.