1. In the past year, XYZ Co. had $150,000 in sales. It had $112,500 in COGS which were paid in full during the year. The firm has not yet collected the money from the customer. XYZs profit & cash flow for the year are ________ & _________. (3 pts)

A) $150,000 and ($112,500), respectively

B) $37,500 and $37,500, respectively

C) $37,500 and ($112,500), respectively

D) $150,000 and $37,500 respectively