Question 1 Homework. Unanswered How much cash was collected during 2026 if total sales were $124,000 during the year? 2025 2026 2025 2026 Cash $12,000 $12,600 Accounts payable $2,200 $4,100 Accounts receivable $4,800 $7,100 Utilities payable $800 $950 Inventory $5,500 $7,800 Salaries payable $2,000 $1,800 Prepaid rent $800 $200 Notes payable $14,000 $11,000 Equipment $18,000 $18,000 Interest payable $600 $850 Accum. depreciation ($4,000) ($5,200) Common stock $25,000 $25,000 Land $22,000 $20,500 Retained earnings $14,500 $17,300 $59,100 $61,000 $59,100 $61,000 Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a $121,700 b $124,000 $131,700 d $128,300