Avatar Company uses the direct method to prepare its statement of cash flows. Please refer to the following information reported for the year 2014: Sales revenue: $240,000 Interest revenue: $1,000 Accounts receivable beginning balance: $35,000 Accounts receivable ending balance: $31,000 There were no amounts reported for Interest receivable In the operating activity section of the statement of cash flows, what amount would be shown for total cash receipts?

$235,000

$244,000

$245,000

$237,000