The following information is taken Aiello Corporation's fiscal 2016 annual report. Selected Balance Sheet Data 2016 2015 Inventories. $221,418...

8. The following information is taken Aiello Corporation's fiscal 2016 annual report. 

Selected Balance Sheet Data 2016 2015 Inventories........................ $221,418 $226,893 Accounts Receivable........... $121,333 $122,087 

 Assume that Aiello Corporation had $1,003,881 sales on credit during fiscal year 2016. What amount did the company collect from credit customers during the year?  

 a. $1,003,881 b. $1,004,635 c. $1,003,127 d. $1,247,301