Coast Starlight Company Reported Cash Received from Customers of $1,358,500

Multiple Choice

Coast Starlight Company reported cash received from customers of $1,358,500 for the year ended June 30,2010.Comparative balance sheets for June 30,2009 and 2010,reported net accounts receivable balances of $85,600 and $79,300,respectively.Net sales reported on the income statement for the year ended June 30,2010 were:

A) $1,279,200
B) $1,352,200
C) $1,364,800
D) $1,437,800