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Question 12 (6 points) The following information is taken Aiello Corporation's fiscal 2016 annual report. 2016 Balances Inventories - $221,418 Accounts Receivable - $121,333 2015

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Question 12 (6 points) The following information is taken Aiello Corporation's fiscal 2016 annual report. 2016 Balances Inventories - $221,418 Accounts Receivable - $121,333 2015 Balances Inventories - $226,893 Accounts Receivable - $122,087 Assume that Aiello Corporation had $1,003,881 sales on credit during fiscal year 2016. What amount did the company collect from credit customers during the year? O $1,004,635 $1,003,127 $1,247,301 O $1,003,881

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