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Play solve it fast PPE Accumulated depreciation of PPE Copyrights...

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Accounting

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PPE Accumulated depreciation of PPE Copyrights Receivables Inventory Prepaid expenses Cash 2029 $430,000 (160,000) 50,000 16,000 60,000 63,000 172.000 $661,000 2019 $395,000 (135,000) 58,000 10,000 70,000 49,000 71.000 $518.000 Capital- preferred shares Premium on preferred shares Common stock Retained earnings Bond payable Accounts payable Accrued liabilities $42.000 150,000 66,000 40,000 87,000 60,000 216.000 $581,000 23,000 160,000 56,000 34,000 45,000 200.000 $518,000 The income statement for 2020 is as follows Net sales $760,000 Cost of goods sold 473.000 Gross profit 289.000 Operating expenses 2.100.000 Not incomo $79.000 Reguired: Compute the following using the Direct Method (Show your calculations). 1. How much is the cash received from customers' 2. How much is the cash paid to suppliers? 3. How much is the operating expense paid For the toolbar, press ALT+F10(PC) or ALT:FN+F10 (Mac) B TV Paragraph Arial 1001 A In

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