9. Peter Senen Company provided the following data for the current year. Sales P7,500,000 Cost of goods sold 4,000,000) Expenses paid 1,100,000) Depreciation wk 400,000) Net Income P2,000,000 Increase in accounts receivable P500.000 Decrease in inventory 1,000,000 Decrease in accounts payable 600,000 What amount of cash was received from the customers? a. 3,000,000 b. 2,400,000 c. 4,000,000 d. 3,600,000 10. Peter Senen Company provided the following data for the current year. Sales P7,500,000 Cost of goods sold 4,000,000) Expenses paid 1,100,000) Depreciation wl 400,000) Net Income P2,000,000 Increase in accounts receivable P500,000 Decrease in inventory 1,000,000 Decrease in accounts payable 600,000 What is the net cash provided (used) by operating activities? a 2,000,000 b. 2,400,000 c. 2,300,000 d 1.700,000 11. JYD Company provided the following information for the year 2020: Purchased a building for P1,200,000. Paid P400.000 and signed a mortgage with the seller for the remaining P800,000 Executed a debt-equity swap and replaced a P600,000 loan by giving the lender ordinary shares worth P600,000 on the date the swap was executed. Purchased land for P1,000,000. Paid P350,000 and issued ordinary shares worth P650,000 Borrowed P550,000 under a long term loan agreement Used the cash from the loan proceeds for purchase of additional inventory P150.000. payment of cash dividend P300.000 and increase in the cash balance P100.000 What amount should be reported as net cash used in investing activities in the statement of cash flows? (1 200.000) b. (2 200,000) c. (400 000) d. (750 000) a 12. JYD Company reported net income of P3,000,000 for the current year. Changes occurred in certain accounts as follows: Equipment P250,000 increase Accumulated depreciation 400.000 increase Note payable 300,000 increase During the year, the entity sold equipment costing P250,000 with accumulated depreciation of P120,000 for a gain of P50 000 In December of the current year, the entity purchased equipment costing P500,000 with P200,000 cash and a 12% note payable of P300 000. In the statement of cash flows, what amount should be reported as net cash used in investing activities? a. (20,000) b. (120,000) C. (220,000) d. (350 000)