Jones corporation had an accounts receivable balance of $100,00 on January 1, 2012 had a balance of $138,000 on December 31, 2012. Based upon this information, which of the following statements is valid?

A) Cash collections during the period exceed the amount of revenue earned.

B) net income for the period is less than the amount of cash basis income.

C) no cash was collected during this period.

D) Cash collections during the year are less than the amount of revenue earned.