Selected balance sheet and income statement data for Fowler Inc. are presented below. The company uses the direct method in preparing its statement of cash flows. Partial Balance Sheet Beginning End of Year of Year Accounts Receivable ....................................................... $10,000 $12,000 Inventories ....................................................................... 20,000 24,000 Prepaid Insurance ............................................................ 1,500 2,000 Prepaid Rent .................................................................... 1,500 1,000 Accounts Payable ............................................................ 12,000 14,000 Wages Payable ................................................................ 13,000 15,000 Unearned Rent ................................................................ 10,000 6,000 Partial Income Statement Rent Revenue .......................................................................................... $ 20,000 Sales Revenue ......................................................................................... 100,000 Cost of Goods Sold ................................................................................. 60,000 Insurance Expense .................................................................................. 10,000 Rent Expense .......................................................................................... 6,000 Wages Expense ....................................................................................... 30,000 Given this information, cash collected from customers is: a. $98,000 b. $100,000 c. $102,000 d. $122,000