3 Question 10 (20 points) Selected numbers from financial statements of Zero Merchandising Company are given in the below 6 9 12 Assets Cash Accounts receivable Inventory Accounts payable Income taxes payable Retained earnings Balance Sheets As of Dec. 31 2021 $14,400 219,600 170,400 177,360 36,000 113.040 Income Statements 2021 $2,020,800 1,112,400 36,000 S54.000 2020 $16,500 88,000 106,700 35,440 15,840 66.220 Sales Cost of goods sold Income Tax Expense Net income 2010 S1,375.000 891.000 15.840 S23.760 Example of Answer: hp Be 1: Example of Answer: 4000 (No comma, space, decimal point, or $ sign) N 3 How much did company collect cash from customers during 2021? 5 6 -- Answer - $ 7 8 9 Assume the balance of Accounts payable pertains to vendors. How much did company pay cash to vendors supplying merchandise during 2021? 10 11 12 Answer - 13 How much did company pay cash to IRS during 2021? Answer = How much did company pay dividends to its shareholders during 2021