Mega Screens, Inc., reports net sales of $2,400,000, cost of goods sold of $1,600,000, and income tax expense of $110,000 for the year ended December 31, 2015. Selected balance sheet accounts are as follows:

Required:
Calculate cash received from customers, cash paid to suppliers, and cash paid for incometaxes.

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Mega Screens, Inc. Selected Balance Sheet Data December 31 Cash Accounts receivable Inventory Accounts payable Income tax payable 2015 S125,000 150,000 145,000 105,000 5,000 2014 S155,000 175,000 100.000 120,000 0.000 Increase (ID or Decrease (D) S30,000 (D) 25,000 (D) 45,000 (I) 15,000 (D) 5,000 (D)