Suppose a firm recognizes sales revenue of $100 on its income statement for a period. Of this amount, $80 was for cash and $20 was on credit. What is the overall impact on the operating section of this information. IGNORE THE COST SIDE OF THINGS.

1. Cash from operations goes up by $80
2. Cash from operations goes up by $100
3. Cash from operations goes up by $20
4. Cash from operations goes down by $20