Amdahl Corporation manufactures large-scale high performance computer systems. I

Amdahl Corporation manufactures large-scale high performance computer systems. In a recent annual report the balance sheet included the following information (dollars in thousands):Current Year Previous YearCurrent assets:Receivables net of allowances of$5042 and $6590 in the previous year $504944 $580640In addition the income statement reported sales revenue of $2158755 ($ in thousands) for the current year. All sales are made on a credit basis. The statement of cash flows indicates that cash collected from customers during the current year was $2230065 ($ in thousands). There were no recoveries of accounts receivable previously written off.