Thompson Turf Trimmers, Inc reported the following financial statements for 2018 (Click the icon lo viow the income statement) (Click the icon to view the comparative balance shoots Calculate the following, enter all amounts in thousands a. Collections from customers b. Payments for inventory a Calculate the collections from customers The collections from customers are $ thousand reported the following financial statements for Calculate the following, enter all amounts in ncome statel Reference omparative customers Thompson Turf Trimmers, Inc. Income Statement are $ Year Ended December 31, 2018 (In thousands) $ $ 790 Service revenue Cost of goods sold 400 30 Salary expense Depreciation expense 10 Other expenses 200 Total expenses 640 $ 150 Net income Print Done Reference Thompson Turf Trimmers, Inc. Comparative Balance Sheets December 31, 2018 and 2017 (In thousands) Assets 2018 2017 Current $ $ CA 56 $ 46 29 25 16 19 Cash Accounts receivable Inventory Prepaid expenses Plant assets, net Long-term investments 2018 2017 Liabilities Current 24 S 20 Accounts payable 53 48 Salary payable 75 86 Accrued liabilities 12 11 Long-term note payable 223 182 61 80 Stockholders' Equity Common stock Retained earnings 448 S 427 Total 67 54 48 38 232 245 S 448 $ 427 Total