On December 31, 2013, Wellstone Company Reported Net Income of $70,000

Multiple Choice

On December 31, 2013, Wellstone Company reported net income of $70,000 and sales of $210,000. The company also reported beginning and ending accounts receivable at $20,000 and $25,000, respectively. Wellstone will report cash collected from customers in its 2013 statement of cash flows (direct method) in the amount of:

A) $215,000.
B) $285,000.
C) $135,000.
D) $205,000.