The income statement of Collins Co. reported total sales revenue of $115,000 during the current year. The company's comparative balance sheets reported a balance in Accounts Receivable of $17,500 at the beginning of the year and $25,000 at the end of the year. The cash inflow from customers during the current year equals:

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The cash inflow from customers is calculated by adjusting the sales revenue for the change in accounts receivable. The accounts receivable increased by $7,500 ($25,000 - $17,500), indicating that not all sales were collected in cash. Therefore, cash inflow = $115,000 (sales) - $7,500 (increase in receivables) = $107,500.

The Income Statement of Collins Co