Pina Colada Corp. reports a $22000 increase in Inventory and a $5500 decrease in accounts payable during the year, Cost of Goods Sold for the year was $310200. Using the direct method of reporting cash flows from operating activities, cash payments made to suppliers were $310200 $282700 $337700 $288200 Metlock, Inc. had credit sales of $1440000. The beginning accounts receivable balance was $149000 and the ending accounts receivable balance was $252000. Using the direct method of reporting cash flows from operating activities, what were the cash collections from customers during the period? $1337000 51440000 51635000 $1589000