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Q4. Use Anon Co's financial information given below, to answer questions 4a, b, c & d. Show plausible calculations to get credit. Anon Co. Balance Comparative Balance Sheets 2015 2014 Ats Accounts receivable Merchandise Wetery Prepaid expenses Total current asse Coup Accum deprecation Equipment $123.450 77.100 240.600 15100 456 250 262.250 (110,750) 5607.50 $ 61,550 80,750 250.700 17.000 410.000 200,000 195.000 5515.000 AnonCo. Income Statement for Year ending Dec 31 2015 Sales $1,185,000 Cost of goods sold 595.000 Gross prof 590,000 Operating expenses Depreciation expense $38.500 Other expenses 352 350 Total operating expenses 401.456 TR8 559 Other gains flosses Loss on sale of equipment 2.100 Income before taxes 186,450 Income pense 28,250 Net income $158.100 Label and Equally Accounts payable Short term notes payable Totalcune base tonte nos payable Total $17.750 15.000 32,750 100 000 132.750 $102,000 10.000 112.000 71,500 189.500 Sold old equipment costing $51,000 for a loss of $2,100 By Purchased new equipment costing $113,250, signing a note for $70,000 and paying the balance in cash. (H) Paid cash dividends. 215,000 200,000 Equity Costo: 35 da capa exces opal.com Red Totals and equity 30.000 230.000 567.750 125.500 5535.000 4a. Calculate Cash Collected from Customers (1 mark) 4a. Answer 4b. Calculate Cash Paid for Merchandise (1% marks) 4b. Answer 4c. Calculate net cash flow from Investing Activities (1 marks) Ac. Answer State clearly whether this was a net inflaw or outflow. The amount was a net 4d. Calculate cash paid for dividends 1 mark)

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