Could you please help explain how to set up the equation to solve this problem?

Multiple Choice Question 92 Concord Corporation prepares its statement of cash flows using the direct method for operating activities. For the year ended December 31, 2018, Concord Corporation reports the following activity: Sales on account Cash sales Decrease in accounts receivable Increase in accounts payable Increase in inventory Cost of good sold $2030000 1116000 911000 115000 74000 1578000 What is the amount of cash collections from customers reported by Concord Corporation for the year ended December 31, 2018? O $2235000 O $2941000 O $4057000 O $3146000