Alex Company prepares its statement of cash flows using the direct method for operating activities. For the year ended December 31, 2017, Alex Company reports the following activity: Sales on account Cash sales Decrease in accounts receivable Increase in accounts payable Increase in inventory Cost of good sold $1312000 600000 426000 72,000 48,000 1,050,000 What is the amount of cash collections from customers reported by Alex Company for the year ended December 31, 2017 (Hint -- consider account sales as well)