ABC Company's balance sheets for March appear below: March 1 March 31 ASSETS: Cash 29,000 17,000 Accounts receivable 55,000 64,000 Inventory 49,000 38,000 Land 31,000 94,000 LIABILITIES + EQUITY: Accounts payable 22,000 25,000 Advertising payable 18,000 11,000 Notes payable 46,000 32,000 Common stock 37,000 86,000 Retained earnings 41,000 59,000 ABC Company's income statement for March is below: Sales revenue 368,000

Cost of goods sold 242,000 Rent expense 37,000

Advertising expense 49,000 Income tax expense 16,000

Net income 24,000 Calculate the amount of cash paid for advertising reported by ABC Company in its March statement of cash flows.