31. Refer to the above data. Based solely on the above information, Webb's net cash flow from investing activities for 2005 is: A) $175,000 net cash used by investing activities. B) $130,000 net cash provided by investing activities. C) $215,000 net cash used by investing activities. D) $280,000 net cash provided by investing activities.

The manufacturing cost accounts of Prestige Manufacturing Co. provide the following information for the year ended December 31, 2005: Direct materials used ......................................................................... $510,000 Direct materials purchased.................................................................... 530,000 Direct labor cost assigned to production................................................ 140,000 Wages paid to direct workers................................................................ 130,000 Manufacturing overhead costs applied to production............................ 200,000 Cost of finished goods manufactured................................................... 860,000 Inventories at the beginning and end of the year were as follows: Dec. 31 Jan. 1 Materials.............................................................. $75,000 $ ? Work in process................................................... 25,000 10,000 Finished goods..................................................... 45,000 75,000 Answer the following questions. If you select answer d, indicate the correct amount. 32 Refer to the above data. The total amount of inventory that should appear in the companys balance sheet at December 31, 2005, is: a $145,000. c $860,000. b $350,000. d Some other amount. $____________ 33 Refer to the above data. The total manufacturing costs charged to the Work in Process Inventory account during 2005 amounted to: a $825,000. c $860,000. b $850,000. d Some other amount. $____________ 34 Refer to the above data. The total manufacturing costs deducted from revenue in 2005 amounted to: a $890,000. c $865,000. b $880,000. d Some other amount. $____________ 35 Refer to the above data. The balance in the Materials Inventory account at the beginning of 2005 was: a $75,000. c $55,000. b $95,000. d Some other amount. $____________

23. Alpine Company reported an increase of $190,000 in its accounts receivable during the year 2005. The company's statement of cash flows for 2005 reported $1 million of cash received from customers. What amount of net sales must Alpine have recorded in 2005?

A) $ 810,000.

B) $1,190,000.

C) $1,000,000.

D) $ 190,000