Refer to the data in QS 12-11.

1. How much cash is paid to acquire inventory during year 2018?

2. How much cash is paid for “other expenses” during year 2018?

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CRUZ, INC. Comparative Balance Sheets December 31, 2018 2018 2017 Assets Cash. $ 94,800 $ 24,000 Accounts receivable, net. 41,000 51,000 Inventory.. 85,800 95,800 Prepaid expenses. 5,400 4.200 Total current assets 227,000 175,000 Furniture.... 109,000 119,000 Accum. depreciation-Furniture Total assets... (17,000) $319,000 (9.000) $285,000 Liabilities and Equity $ 15,000 Accounts payable.. Wages payable... $ 21,000 9,000 5,000 Income taxes payable.. Total current liabilities 1.400 2.600 25,400 28,600 Notes payable (long-term). 29,000 69,000 Total liabilities... 54,400 97,600 Equity Common stock, $5 par value. Retained earnings.. Total liabilities and equity.. 229,000 179,000 35,600 8,400 $285.000 $319,000