Cadion co. owned a controlling interest in knieval inc. cadion reported sales of $420,000 during 2011 while knieval reported $280,000. inventory costing $28,000 was transferred from knieval to cadion (upstream) during the year for $56,000. of this amount, twenty-five percent was still in ending inventory at year's end. total receivables on the consolidated balance sheet were $112,000 at the first of the year and $154,000 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 combination from its customers?