25 1. Service Revenue for the year = $81,200. Of this amount, $70,600 is collected during the year and $10,600 is expected to be collected next year. 2. Salaries Expense for the year $41,200. Of this amount, $35,600 is paid during the year and $5,600 is expected to be paid next year. 3. Advertising Expense for the year $10,600. All of this amount is paid during the year. 4. Supplies Expense for the year = $4,600. No supplies were purchased during the year. 5. Utilities Expense for the year $13,200. Of this amount, $11,600 is paid during the year and $1,600 is expected to be paid next year. 6. Cash collected in advance from customers for services to be provided next year (Deferred Revenue) = $2,600. Required: 1. Calculate operating cash flows. (List cash outflows as negative amounts.) 1. Cash collected from customers for services provided s 2. Salaries paid for the year 3. Advertising paid for the year 4. Supplies paid for the year 5. Utilities paid for the year 6. Cash collected in advance from customers Net operating cash flows)