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IN Artist Paints Company uses the direct method for preparing its statement of cash flow. Artist reports the following information regarding 2019: From the income

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IN Artist Paints Company uses the direct method for preparing its statement of cash flow. Artist reports the following information regarding 2019: From the income statement: Sales Revenues, $267,000 Cost of Goods Sold, $214,000 Operating Expenses, $32,000 From the balance sheet: Beginning Balance Ending Balance Accounts Receivable $14,600 $18,200 Merchandise Invertory 24,100 18,200 Accounts Payable 6,900 13,700 Accrued Liabilities 4,100 1,600 A. $263,400 B. $32,800 OC. $267.000 D. $270,600 21 PM 0/2020 Click to select your answer F1 F2 F3 F4 F5 6 From the income statement: Sales Revenues, $267,000 Cost of Goods Sold, $214,000 Operating Expenses, $32,000 From the balance sheet: Beginning Balance Ending Balance Accounts Receivable $14,600 $18,200 Merchandise Inventory 24,100 18,200 Accounts Payable 6,900 13,700 Accrued Liabilities 4,100 1,600 What amount will be shown for collections from customers? O A. $263,400 OB. $32,800 OC. $267.000 D. $270,600 PM 2020 Click to select your answer. 7 DIL F4 46 ES F1 F2 F3

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