Player Ocean Auto Parts Company uses the direct method to prepare its statement of cash flows. Refer to the following information reported for 2017:
1. Sales Revenue, $ 518 comma 000$518,000
2. Accounts Receivable, beginning balance, $ 98 comma 000$98,000
3. Accounts Receivable, ending balance,$ 65 comma 000$65,000
Compute the collections from customers.