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2. Dolan Company's income statement showed revenues of $1,170,000, cost of goods sold of $880,000, and operating expenses of $384.000 (including depreciation expense of 112,000).

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2. Dolan Company's income statement showed revenues of $1,170,000, cost of goods sold of $880,000, and operating expenses of $384.000 (including depreciation expense of 112,000). Accounts receivable decreased by $260,000, inventory increased by $90,000, accounts payable increased by $ 89,000, unearned revenue decreased by $310,000,, prepaid expense decreased by $53,000, and accrued expenses payable decreased by $145,000 during the year. Instructions Compute (a) cash receipts from customers (b) cash payments to suppliers (c) cash payments for operating expenses

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