acoby Company owned a controlling interest in Trimble Incorporated. Jacoby reported sales of $510,000 during 2024 while Trimble reported $300,000. Inventory costing $27,000 was transferred from Trimble to Jacoby (upstream) during the year for $54,000. Of this amount, 30% was still in ending inventory at year's end. Total receivables on the consolidated balance sheet were $115,000 at the first of the year and $158,000 at year-end. No intra-entity debt existed at the beginning or ending of the year. Using the direct approach, what is the consolidated amount of cash collected by the business from its customers?
a. $907,000
b. $688,500
c. $799,000
d. $713,000
e. $810,000