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3) Alan-Scott Co. began the year with an accounts receivable balance of $98,400, and ended the year with an accounts receivable balance of $42,600. During the year, Alan-Scott Co. recorded $476,900 of sales on account. How much cash did Alan-Scott Co. collect from its customers during the year? 4) Dawn's Pillow Co. began the year with an accounts payable balance related to inventory purchases of $21,000. The balance in the account at the end of the year was $32,900. During the year, Dawn's Pillow Co. purchased $173,000 of inventory on account. How much cash did Dawn's Pillow Co. pay for inventory purchases during the year? 5) Fill in the table by indicating if it is an increasing (+) or decreasing (-) transaction Also indicate if it is an operating (O), investing (1), or financing (F), activity +or- O,I, or F 8,200 119,350 4,000 58,250 675 31,400 20,500 420,000 8,600 3,200 19,000 I. Cash proceeds from sale of common stock 36.600 a. Cash pavment of dividends b. Cash payment for inventor C. Cash payment for expenses d. Cash payment for wages e. Cash pavment for interest expense f. Cash payment for purchase of equipment Cash payment for repavment of debt h. Cash collection of accounts receivable i. Cash collection of interest revenue Cash collection of dividend revenue k. Cash proceeds from sale of equipment 6) Using the information in the table from question 5), complete the following statement of cash flows using the direct method. List each transaction and amount under the appropriate section. Be sure to indicate if it is increasing or decreasing +or-). You may not need to use all of the lines Cash from Operating Activity Amount a. Net cash _(provided or used) by operating activity Cash from Investing activity Amount b. Net cash _(provided or used) by investing activity Cash from Financing Activity Amount c. Net cash __(provided or used) by financing activity d. Net change in cash during period 3,160 Cash at beginning of period e. Cash at end of period

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