2 Accounting questions.

Use for reference:

2018 2019 2018 2019 Cash $1,400 $1,900 Accounts payable $4,400 $5,100 Accounts receivable $2,600 $3,100 Utilities payable $1,200 $1,500 Inventory $3,100 $6,200 Wages payable $1,000 $800 Prepaid insurance $800 $900 Notes payable $10,000 $12,600 Equipment $22,000 $22,000 Interest payable $300 $600 Accum. depreciation ($3,000) ($4,200) Common stock $10,000 $10,000 Land $4,100 $5,600 Retained earnings $4,100 $4,900 $31,000 $35,500 $31,000 $35,500\fHow much cash was collected during 2019 if total sales were $78,000? 0 $78,500 0 $76,500 0 $77,500 0 $78,000 0 None of the above