Selected financial information for Y5 and Y4 are provided below:

Statements of Financial Position
				Dec 31/Y5				Dec 31/Y4
Cash				$51,000				$24,000
Accounts receivable				45,000				27,000

Income Statement
Year ended December 31, Y5
Sales								$1,050,000
Cost of sales								894,000
Gross profit								156,000

On a statement of cash flows for calendar Y5, the cash received from customers is

Question 12 options:

	$1,055,000
	$1,068,000
	$1,050,000
	$1,032,000