During Year 2, Fancy Foods Incorporated Earned $104,000 of Revenue

Multiple Choice

During Year 2, Fancy Foods Incorporated earned $104,000 of revenue on account. The beginning balance in accounts receivable was $26,000, and the ending balance was $4,000. Based solely on this information, what was the amount of cash collected from accounts receivable?

A) $74,000
B) $82,000
C) $126,000
D) $134,000