Acorda Health Foods, Inc., reported the following comparative balance sheets for 2018 and 2017 and the income statement for 2018 Click the loon to view the balance sheets) Click the icon to view the income statement Assume that Littleton Barton is considering buying Acorda, Linton Barton requests the following cash fow data for 2018. There were no roncash investing and financing activities Click the icon to view the cash flow data requested) Provide the requested data. Show your work . Collections from customers Rework the basic accounts receivable formula to solve for collections Begin by selecting the formuli. Then, enter the amounts to solve for collections from customers. Abbreviation used:AR C ourts receivable) Beginning AR + Collections 22 000 . 000 194000 b. Cash pay for inventory Rework the basic counts payable formula to solve for cash payments of inventory Begin by selecting the formula. Then, aber the amounts to solve for cash payments for inventory (Abbreviation AP - Payments for inventory Cash payment for other operating expenses Select the formula. Then enter the amounts to solve for other operating expenses Choose from any list or enter any number in the routfelds and then continue to the next question 0 1 Income Statement * Balance Sheets he foll Acorda Health Foods, Inc. Comparative Balance Sheets December 31, 2018 and 2017 2018 un unts Acorda Health Foods, Inc. Income Statement Year Ended December 31, 2018 Sales revenue $ 185,000 Gain on sale of equipment 11,000 Total revenue and gains 196,000 Cost of goods sold 83,000 Depreciation expense 15,000 Other operating expenses Total expenses income before income tax Cash Accounts receivable Inventories Prepaid expenses Equipment, net Intangible assets 39,000 $ 13,000 39,000 2,000 86,000 12,000 2017 2.000 22,000 35,000 4,000 74,000 12,000 un $ 191,000 $ 149,000 Total assets Income tax expense $ 42,000 Net Income Accounts payable 9,000 $ 6,000 Print Done Done Balance Sheets Assume that L 10., reported the following comparative balance sheets for 2018 and 2017 and the 918 wwth Cash flow data requested ew the Prepaid expenses Equipment, net 2,000 88.000 12,000 191.000 4,000 74.000 12.000 Intangible assets lomer $ Total assets 149.000 Collections from customers Cash payments for inventory Cash payments for other operating expenses Cash payment for income tax Cash received from the sale of equipment. Acorda paid $36,000 for new equipment during the year issuance of common stock issuance of notes payable Acorda paid off $17,000 during the year. Cash dividends. There were no stock dividends. 9,000 $ 20.000 vento 8.000 punts pe 9 h. Accounts payable Accrued liabilities Income tax payable Notes payable Common stock Retained comings Treasury stock 64.000 41.000 61,000 (10,000) 191,000 $ 6,000 22.000 8.000 61.000 23.000 30,000 (1.000) 149,000 Print Dono Total liabilities and stockholders' equity $ other operating expenses of enter any number in the input fields and then continue to the next question Print Done c. Cash payments for other operating expenses. Select the formula. Then, enter the amounts to solve for other operating expenses. - + Payments for other = operating expenses reviations used: Beg inc tax payable = Beginning income tax payable; End inc tax payable - Ending inc. Cost of goods sold Decrease in accrued liabilities S Decrease in prepaid expenses Increase in inventories Other operating expenses ounts to solve for payments of income tax Payments of income tax d. Cash payment for income tax (Abbreviations used: Beg inc tax payable = Beginning income tax payable: End inc tax payable - Ending income tax payable) Select the formula. Then, enter the amounts to solve for payments of income tax - Payments of income tax = Beg inc tax payable End inc tax payable Income tax expense Other operating expenses Sales equipment. Acorda paid $36,000 for new equipment during the year. eceived from the sale of equipment. Select the formula. Then, enter the amounts to solve for cash received from the sale of equipment Cash received from sale - Cash received from the sale of equipment. Acorda paid $36,000 for new equipment during the year Complete the calculation of cast received from the sale of equipment. Select the formula. Then, enter the amounts to solve for cash received from the sale of equipment. Cash received from sale Beginning equipment Book value of equipment sold St Depreciation expense Ending equipment Gain on sale lounts to solve for the i nce of common stock Issuance of common stock 1. Issuance of common stock Select the formula. Then, enter the amounts to solve for the issuance of common stock. = Issuance of common stock Beginning common stock Dividends Ri Ending common stock Income tax expense la paid off $17.000 during the year. (Abbreviations used: Beg - Beginning: End - Ending) mula to solve for the issuance of notes payable Select the formula. Then, enter the amounts to solve for the issuance of notes payable. - issuance of notes payable g. Issuance of notes payable. Acorda paid off $17,000 during the year. (Abbreviations used: Beg Beginning: End = Ending) Rework the basic notes payable formula to solve for the issuance of notes payable. Select the formula. Then, enter the amounts to solve for the issuance of notes payable - issuance of notes payable Beg notes payable Dividends R End notes payable Net income Payments of notes payable tock dividends. (Abbreviations used: Beg Beginning: End Ending) formula to solve for dividends. Select the formula. Then, enter the amounts to solve for dividends. Dividends Issuance of notes payable Beg retained earnings End retained earnings h. Cash dividends. There were no stock dividends. (Abbreviations : Issuance of common stock Net income Rework the basic retained earnings formula to solve for dividends. Purchase of treasury stock ing) amounts to solve for dividends. Dividends Choose from any list or enter any number in the input fields and then eatin h