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  3. alexander company has provided the following infor

Alexander Company has provided the following information taken from its current financial statements to assist...

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Accounting

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Alexander Company has provided the following information taken from its current financial statements to assist you in preparing its statement of cash flows. Cost of Goods Sold $506,200 Decrease in Merchandise Inventory 6,800 Decrease in Prepaid Expenses 8,200 Depreciation Expense 9,000 7,400 Increase in Accounts Payable Increase in Accounts Receivable 6,000 Increase in Income Taxes Payable 6,500 Interest Expense Net Income 13,230 106,070 156,600 Operating Expenses Sales 827,000 44,900 Tax Expense Required: For the statement of cash flows, cash from operating activities, direct method, compute the following: Required: For the statement of cash flows, cash from operating activities, direct method, compute the following: 1. Cash paid to suppliers for inventory: $ 2. Cash paid for operating expenses: $0 $

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