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The 2016 income statement of Phillips Co. reported total sales revenue of $244,200; the 2015 balance sheet showed a balance in accounts receivable of $39,500

The 2016 income statement of Phillips Co. reported total sales revenue of $244,200; the 2015 balance sheet showed a balance in accounts receivable of $39,500 while the 2016 balance sheet showed a balance in accounts receivable of $57,700. The amount of cash collected from customers was:

$283,700.

$262,400.

$226,000.

$244,200.

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