Balance, December 31 Balance, January 1 $12,650 $14,030 Accrued expenses payable (operating expenses) Accounts payable (merchandise creditors) 105,800 96,140 178,020 Inventories 193,430 During the current year, the cost of merchandise sold was $1,031,550 and the operating expenses other than depreciation were $179,400. The direct method is used for presenting the cash flows from operating activities on the statement of cash flows. a. Determine the amount reported on the statement of cash flows for cash paid for merchandise. $ b. Determine the amount reported on the statement of cash flows for cash paid for operating expenses. $