Below are from the balance sheet and income statement for the Baldwin Company, Inc.How much cash did Baldwin collect from customers during 2014? Assume all sales are on credit.

Format $xxx million, including $ and million.

($million)

2014

2013

Assets

Cash

$0

$50

Account receivables(net)

$50

$25

Inventories

$125

$50

Property plant and equipment(net)

$175

$150

Total assets

$350

$275

Liabilities and stockholders' equity

Account payable

$75

$75

Income taxes payable

$15

$40

Bonds payable

$40

$50

Common stock

$100

$50

Retained earnings

$120

$60

Total liabilities and stockholders' equity

$350

$275

A brief income statement for 2014 shows the followings

Sales

$450

COGS

($250)

Operating expenses

($50)

Depreciation

($25)

Interest expense

($50)

Net income

$75