Calculate the cash flow for each of the following cases.

a.Cash paid for rent:	Answer
Rent expense	$195,000
Prepaid rent, beg. year	33,000
Prepaid rent, end of year	24,000
b. Cash received as interest:	Answer
Interest income	$46,500
Interest receivable, beg. year	9,000
Interest receivable, end of year	11,400
c. Cash paid for merchandise purchased:	Answer
Cost of goods sold	$261,000
Inventory, beg. year	57,000
Inventory, end of year	69,000
Account payable, beg. year	33,000
Accounts payable, end of year	24,000