Use the following balance sheets and income statement to answer

1. How much cash is paid to acquire merchandise inventory during year 2013?
2. How much cash is paid for operating expenses during year 2013?

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CRUZ, INC. Comparative Balance Sheets December 31, 2013 2013 2012 Assets Cash $ 94,800 $ 24.000 Accounts receivable, net. Inventory. 41,000 51,000 85,800 95,800 Prepaid expenses 5,400 4,200 Furniture 109,000 119,000 Accum, depreciation-Furniture (17,000) (9,000) Total assets $319,000 $285,000 Liabilities and Equity Accounts payable $ 15,000 $ 21,000 Wages payable. 9,000 5,000 Income taxes payable 1,400 2,600 Notes payable (long-term) 29,000 69,000 Common stock, $5 par value 229,000 179,000 Retained earnings 35,600 8,400 Total liabilities and equity $319,000 $285,000