Calculate cash from operating activities. (LO 3, 4) Use the information given for Evans Company to calculate

a. Cash paid for salaries

b. Cash paid for income taxes

c. Cash paid for inventory items

d. Cash collected from customers

e. Cash proceeds from stock issue

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From the Financial Statements for Evans Company Balance Sheet Income Statement Amount for the Year Beginning End of the Year of the Year Sales revenue $ 85,600 Accounts receivable $ 8,700 $ 10,000 Salary expense 21,400 Salaries payable 2,300 2,100 Cost of goods sold 24,300 Inventory 4,800 8,000 Accounts payable 2,500 3,000 Income tax expense 28,500 Income taxes payable 7,400 8,500 Common stock and additional paid-in capital n/a 630,000 718,000