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 sheets.) 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 2 > Reference Thompson Turf Trimmers, Inc. Income Statement Year Ended December 31, 2018 (In thousands) Service revenue $ 790 400 Cost of goods sold Salary expense Depreciation expense 30 10 Other expenses 200 Total expenses 640 Net income $ 150 Print Done - urf T e icon Reference e icon e Thompson Turf Trimmers, Inc. Comparative Balance Sheets December 31, 2018 and 2017 the c ions fro (In thousands) Assets 2018 2017 Current Cash $ 56 $ 46 Accounts receivable 29 25 16 19 2018 2017 Liabilities Current: $ 24 $ 20 Accounts payablo 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 $ 427 Total Inventory Prepaid expenses Plant assets, net Long-term investments 67 54 38 48 232 245 Total 448 $ 427 Print Done