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What amount should be reported as collected from customers

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Question - The following information was taken from the 2014 financial statement:

Accounts receivable, Jan 1 2014 ......$108,000

Accounts receivable, Dec 31 2014......$152,000

Sales on account......2,190,000

Uncollectible accounts.....5,000

No accounts receivable were written off or recovered during the year. If Company prepares a statement of cash flows using the direct method, what amount should be reported as collected from customers in 2014?

Reference no: EM131912585

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