StPierre Enterprises Reported the Following Information in Its Financial Statements

Multiple Choice

St.Pierre Enterprises reported the following information in its financial statements: $\begin{array}{lrr}\text { Amounts are as of or for the year ended } & \text { Prior Year } & \text { Current Year } \\\text { Inventory } & \$ 55,000 & \$ 80,000\\\text { Accounts Receivable } & 68,000 & 103,000 \\\text { Accounts Payable } & 34,500 & 40,000 \\\text { Sales Revenue } & 305,000 & 375,000 \\\text { Cost of Goods Sold } & 203,000 & 250,000\end{array}$ What is the amount of cash collected from customers during the current year?

A) $350,000
B) $380,500
C) $340,000
D) $410,000