Balance Sheet June 30 th, Year 5 The following are all transactions that happened during Year 6 : Made sales on account of $250.000 Collected accounts receivable of $253,200 Purchased merchandise on account of $146.800 Determined cost of goods sold was $140,000 Paid accounts payable (for merchandise purchased) of $143,000 Poid wages to employees of $52,500 Accrued wages expense (and wages payable) of $1,500 at dune 30 th. Year 6. Paid insurance premium of $18,000 to extend coverage for three years. Allocated $5,000 of prepaid insurance to insurance expense. Recorded Year 6 total income tax expense (and income tax payable) of $13,000 Pald income taxes to government of $11,500 (this represents the final portion of Year 5 taxes and initial installments of Year 6 taxes). Depreciation for the year $10,000 Required t: What is the amount of Cash received from customers? \$ Required 2: What is the amount of cash generated (used) by Inventory in year 6 ? $ Required 3: What is the amount of cash generated (used) by accounts recelvables in year 6?$ Required 4: What is amount of cash generated (used) by Operations in Year 6 ? $ Required 5: What is ending balance of Cash at the end of Year 6 ? $ Required 6: What is ending balance of Accounts Receivables at the end of Year 6? \$ Required 7. What is ending balance of Accounts Payable at the end of Year 6?$