The Following Information Was Taken from the 2014 Financial Statements

question 45

Multiple Choice

The following information was taken from the 2014 financial statements of Glocken Corporation: No accounts receivable were written off or recovered during the year.If Glocken prepares a statement of cash flows using the direct method,what amount should be reported as collected from customers in 2014?

• A) $2,239,000
• B) $2,234,000
• C) $2,146,000
• D) $2,141,000