Assume that Garner Gateway is considering buying Apartha. Gamer Gateway requests the following cash flow data for 2018. There were no noncash investing and financing activities (Click the icon Apartha Health Foods, Inc., reported the following comparative balance sheets for 2018 and 2017 and the income siatement for 2018: view the cash flow data requested.) (Click the icon to view the balance sheets.) (Click the icon to view the income statement.) Provide the requested data. Show your work. a, Collections from customers. Rework the basic accounts receivable formula to solve for collections. Begin by selecting the formula. Then, enter the amounts solve for collections from customers. (Abbreviation used: AR accounts receivable) Collections Inc., reported the following comparative balance sheets f Gamer Gateway requests the following cash flow data for siatement for 2018 i Balance Sheets EB(Click the icon to view the balance sheets.) (Click the icon to view the income statement.) Income Statement 2018 2017 a Collections from customers. Cash 16,000 S 12,000 Accounts receivable Rework t basic accounts receivable formula to solve for collections. Begin by 25,000 29,000 Apartha Health Foods, Inc. Inventories 37,000 34.000 Income Statement Cash flow data requested -. . .. Year Ended December 31, 2018 Prepaid expenses- 3.0g0 4,000 Equipment, net 89,000 77,000 Sales revenue S 186,000 12,000 12,000 Intangible assets 2,00C Gain on sale of equipment Collections from customers. a 182,000 S 168,000 Total assets 188,000 Cash payments for inventory. b Total revenue and gains Cash payments for other operating expenses. C. Cost of goods sold 87,000 Cash payment r income tax Accounts payable 13.000 S 4,000 Deprociation expense 22,000 Cash received from the sale of equipment. Apartha paid $43.000 for new e Accrued liabilities 13.000 21,000 40,000 Other operating expenses Income tax payable f lssuance of common stock 9,700 9,000 149,000 Total expenses Issuance of notes payable. Apartha paid off $19,000 during the year. Notes payable 45.000 54,000 39,000 Cash dividends. There were no stock dividends. Income before income tax h. 19,000 Common stock 31.000 11.700 Income tax expense Retained eamings 88,300 72,000 S 27,300 Print Done (18,000 (11,000) Net income Treasury stock 182.000 S 168.000 Total liabilities and stockbolders'eguity. Print Done Choose from any list or enter any number the Input flelds and then click Print Done