47.Carter Company reports the following: Inventory Accounts Payable End of Year $25,000 30,000 Beginning of Year $40,000 10,000 If cost of goods sold for the year is $150,000, the amount of cash paid to suppliers is . $155,000. b. $145,000. c. $115,000. d. $185,000. Whatley Company issued 5,000 shares of S1 par common stock for $25 per share during 2005. The company paid dividends of S12,000 and issued long-term notes payable of S110,000 during the year. What amount of cash flows from financing activities will be reported on the statement of cash flows? a. $3,000 net cash inflow b. $113,000 net cash inflow. c. $235,000 net cash outflow d. $223,000 net cash inflow 48. p Company sold equipment with a book value of $45,000 for proceeds of $52,000. The company purchased new equipment for $120,000 by signing a long-term note payable. No other transactions impacted long-term asset accounts during 2006. The investing section of the statement of cash flows will report a. net cash outflows of Si 13,000. net cash outflows of $68,000. b. c. net cash inflows of $52,000 d. net cash inflows of $7,000. 50. Bainbridge Company uses the direct method in determining net cash provided by operating activities. The income statement shows income tax expense $80,000. Income taxes payable were $25,000 at the beginning of the year and $18,000 at the end of the year. Cash payments for income taxes are a. $73,000. b. $80,000. c. $87,000. d. $98,000