Use the Pratt Computer Sales data in SE12-9 to compute the following; enter all amounts in thousands.
Sales data from SE12-9

a. Collections from customers
b. Payments for inventory

A1 Pratt Computer Sales, Inc. Income Statement Year Ended December 31, 2016 2 (In thousands 3 Service revenue 4 Cost of goods sold 5 Salary expense 6 Depreciation expense 7 Other expenses 8 Total expenses 9 Net income 10 310 50 40 140 540 A1 Pratt Computer Sales, Inc Comparative Balance Sheets December 31, 2016 and 2015 2 (In thousands) 3 Assets 2016 2015 4 Current: 5 Cash 016 2019Current 5 20 $ 17 Accounts payable5 53 $ 42 26 5645 Salary payable 7187 Accrued liabilities 65 Long-term note payable6453 6 Accounts receivable Inventory 8 Prepaid expenses 9 Plant assets, net 10 226 18 52 Common stock 41 30 etained earnings 12 13 Total 14 05 Total