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Calma Company had sales of $56,000, increase in accounts payable of $8,000, decrease in accounts...

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Accounting

Calma Company had sales of $56,000, increase in accounts payable of $8,000, decrease in accounts receivable of $3,000, increase in inventories of $6,000, and depreciation expense of $7,000.

The amount of cash collected from customers was:

a.

$51,000
b.

$56,000
c.

$59,000
d.

$67,000
e.

$53,000

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