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3) Baker Co. recorded $75,000 of depreciation expense in 2019. How is it reflected in the 2019 statement of cash flows prepared using the direct
3) Baker Co. recorded $75,000 of depreciation expense in 2019. How is it reflected in the 2019 statement of cash flows prepared using the direct method? 4) Apple Co. had salaries expense of $7,500,000 in 2019. Accrued salaries and wages totaled $25,000 at 12/31/18 and $40,000 at 12/31/19. What is the amount of cash Apple paid to its employees in 2019? 5) Blake Inc. reported income tax expense of $396,000 in 2019. Income taxes payable were $392,000 at 12/31/18 and $352,000 at 12/31/19. What amount of income taxes did Blake pay in 2019? 6) Alex Company prepares its statement of cash flows using the direct method for operating activities. For the year ended December 31, 2019, Alex Company reports the following activity: Sales on account $1,400,000 Cash sales $740,000 Decrease in accounts receivable $610,000 Increase in accounts payable $72,000 Inventory Purchases $1,050,000 What is the amount of cash payments to suppliers reported by Alex Company for the year ended December 31, 2019
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