Thompson Turf Trimmers, Inc., reported the following financial statements for 2018: (Click the icon to view the income statement.) (Click the icon to view the comparative balance shoots.) a. Calculate the collections from customers The collections from customers are $ thousand. Reference. Thompson Turf Trimmers, Inc. Comparative Balance Sheets December 31, 2018 and 2017 (In thousands) Assets 2017 Liabilities Current: Current: Cash Accounts receivable Inventory Prepaid expenses Plant assets, not Long-term investments Total $ 2018 24 $ 53 75 12 223 61 448 $ 20 Accounts payable 48 Salary payable 86 Accrued liabilities 11 Long-term note payable 182 80 Stockholders' Equity Common stock Retained earnings Total 427 Calculate the following; enter all amounts in thousands a. Collections from customers b. Payments for inventory Reference 2018 $ 2017 56 $ 29 16 67 48 232 $ 448 $ 46 25 19 54 38 245 427 Thompson Turf Trimmers, Inc. Income Statement Year Ended December 31, 2018 S (In thousands) Service revenue Cost of goods sold Salary expense Depreciation expense Other expenses Total expenses Net income Print $ Done Check Answer 790 400 30 10 200 640 150