Nicholas Company prepares its statement of cash flows using the direct method for operating activities. For the year ended December 31, 2016, Nicholas Company reports the following activity: Sales $2,140,000 Decrease in accounts receivable 600,000 Increase in accounts payable 72,000 Increase in inventory 48,000 Cost of good sold 1,050,000 What is the amount of cash collections from customers reported by Nicholas Company for the year ended December 31, 2016?

		$2,740,000
		$2,010,000
		$2,750,000
		$1,530,000