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Sheridan Company prepares its statement of cash flows using the direct method for operating activities. For the year ended December 31, 2018, Sheridan Company reports

Sheridan Company prepares its statement of cash flows using the direct method for operating activities. For the year ended December 31, 2018, Sheridan Company reports the following activity:

Sales on account $2110000

Cash sales 1120000

Decrease in accounts receivable 916000

Increase in accounts payable 111000

Increase in inventory 79000

Cost of good sold 1571000

What is the amount of cash collections from customers reported by Sheridan Company for the year ended December 31, 2018?

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