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13 Multiple Choice 1 point Selected information from a company's comparative income statement and balance sheet is presented below: Selected Income Statement Data for the Year Ended 31 August ($ thousands) 2013 2012 Sales revenue 100,000 95,000 Cost of goods sold 47,000 47,500 Depreciation expense 4,000 3,500 Net Income 11,122 4,556 Selected Balance Sheet Data as of 31 August ($ thousands) 2013 2012 Current Assets Cash and investments 21,122 25,000 Accounts receivable 25,000 13,500 Inventories 13,000 8,500 Total current assets 59,122 47,000 Current liabilities Accounts payable 15,000 15,000 Other current liabilities 7,000 9,000 Total current liabilities 22,000 24,000 The cash collected from customers in 2013 is closest to: O A $88,500. O B. $96,100. O C. $111,500. Previous -| Skip Question Confi