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1. Cash paid for interest: 2. Cash paid to suppliers for inventory: Hernandez Company has provided the following information taken from its current financial statements

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1. Cash paid for interest:

2. Cash paid to suppliers for inventory:
Hernandez Company has provided the following information taken from its current financial statements to assist you in preparing its statement of cash flows. Cost of Goods Sold Decrease in Merchandise Inventory $532,800 8,100 8,000 Decrease in Prepaid Expenses Depreciation Expense Increase in Accounts Payable 7,600 7,800 6,200 Increase in Accounts Receivable Increase in Income Taxes Payable 6,600 18,570 Interest Expense Net Income 168,760 148,000 Operating Expenses Sales 927,000 Tax Expense 58,870 Required: For the statement of cash flows, cash from operating activities, direct method, compute the following

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