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Oriole Company prepares its statement of cash flows using the direct method for operating activities. For the year ended December 31, 2018, Oriole Company reports

Oriole Company prepares its statement of cash flows using the direct method for operating activities. For the year ended December 31, 2018, Oriole Company reports the following activity:

Sales on account$2000000

Cash sales1110000Decrease in accounts receivable918000

Increase in accounts payable114000Increase in inventory74000

Cost of good sold1570000

What is the amount of cash collections from customers reported by Oriole Company for the year ended December 31, 2018?

$4028000

$2192000

$3110000

$2918000

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