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Monty Company prepares its statement of cash flows using the direct method for operating activities. For the year ended December 31. 2025, they report the
Monty Company prepares its statement of cash flows using the direct method for operating activities. For the year ended December
31. 2025, they report the following activities:
Sales
$1210000
Increase in accounts receivable
228000
Decrease in accounts payable
111000
Increase in interest receivable
57000
What are cash collections from customers for Monty for the year ended December 31, 2025?
$814000
$1210000
$982000
$1438000
Monty Company prepares its statement of cash flows using the direct method for operating activities. For the year ended December
31. 2025, they report the following activities:
| Sales | $1210000 |
| Increase in accounts receivable | 228000 |
| Decrease in accounts payable | 111000 |
| Increase in interest receivable | 57000 |
What are cash collections from customers for Monty for the year ended December 31, 2025?
$814000
$1210000
$982000
$1438000
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