616 Net Income Depreciation Expense Amortization Expense, Intangible Assets Accounts Payable, 1/1 Accounts Payable, 12/31 Purchase of Long Term Assets For Cash Accounts Receivable, 1/1 Accounts Receivable, 12/31 Issuance of Stock For Cash Issuance of Bonds Payable For Cash Inventory, 1/1 420 439 160 200 516 560 Inventory. 12/31 Purchase of Treasury Stock Sale of Long Term Investment At Cost Issuance of Stock For Long Term Assets 39 110 Prepaid Expenses, 1/1 Prepaid Expenses, 12/31 42 7. On the company's statement of cash flows for the year ending December 31, 20X5, how much would show as net cash flows from operating activities? (a) S415. (b) S442 (c) $472. (d) S502. On the company's statement of cash flows for the year ending December 31, 20x5, how much would show as net cash flows from investing activities? (a) $(581). (b) $ 513. (c) $(577). (d) $(765). c ystems of cash flows for the year and December 31 wch would show as net cash flows from financing activities $(470) On the company's statement of cash flows for the year ending December investing and financing activities? Show much would the show as a total on the schedule of noncas (d) STIO During 20X7, a company reported $5.000.000 of sales on its income statement prepared on an accrual basis. The company's accounts receivable balance at the beginning of the year was $600,000 and at the end of the year was $540,000. What were the total sales for the company on a cash basis (total cash collected from customers for sales during 20X7)? SS 540,000. (b) S5,000,000 (e) $4,040,000 (d) $5,060,000 (a) Use the following information to answer Questions 12 through 14. The following information is available from a company's annual report