On December 31, 2018, Jax Company reported net income of $120,000 and credit sales of $330,000. The companys accounts receivable balance decreased during the twelve months ended December 31, 2018. The company uses the direct method when preparing its statement of cash flows. Select the true statement below.

	A.	Cash collected from customers could be > or = to $330,000.
	B.	Cash collected from customers will be > $330,000.
	C.	Cash collected from customers could be < or = to $330,000.
	D.	Cash collected from customers will be < $330,000.
	E.	None of the answer choices are correct.