Culpepper Inc. had the following information related to last year's sales: Cash sales $245,000 Credit sales 150,000 Accounts receivable - beginning 21,500 Accounts receivable - ending 15,000 What amount would be reported as "cash collections from customers" on the statement of cash flows using the direct method? Select one: a. $238,500 b. $431,500 c. $401,500 d. $143,500