Lance Corporation's statement of cash flows for the year ended September 30, 2008, was prepared using the indirect method, and it included the following items:

Lance reported revenues from customers of $75,000 in its 2008 income statement.
Required:
What amount of cash did Lance receive from customers during the year ended September 30, 2008?

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Net income Noncash adjustments Depreciation expense Increase in accounts receivable Decrease in inventory Decrease in accounts payable Net cash flows from operating activities $60,000 9,000 (5,000) 40,000 (12,000) $92,000