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The following information applies to Nichola Manufacturing Company, which has a 6-month operating cycle: Cash sales $100,000 Credit sales during the sixth month with net

The following information applies to Nichola Manufacturing Company, which has a 6-month operating cycle:

Cash sales $100,000

Credit sales during the sixth month with net 30 days terms 150,000

Credit sale during the fifth month with special terms of net 9 months 10,000

Interest earned and accrued on an investment that matures during month 3 of the next cycle 2,000

The total of Nicholas trade accounts receivable at the end of the current cycle is

-$260,000

-$160,000

-$262,000

-$152,000

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