On December 31, 2018, Tiras Company Reported Net Income of $50,000

Multiple Choice

On December 31, 2018, Tiras Company reported net income of $50,000 and sales of $200,000. The company also reported beginning and ending accounts receivable at $20,000 and $25,000, respectively. Tiras will report cash collected from customers in its 2018 statement of cash flows (indirect method) in the amount of:

A) $0.
B) $245,000.
C) $205,000.
D) $195,000.