CRUZ, INC. Income Statement For Year Ended December 31, 2016
Sales				$	454,900
Cost of goods sold					292,800
Gross profit					162,100
Operating expenses
Depreciation expense	$	35,000
Other expenses		83,000			118,000
Income before taxes					44,100
Income taxes expense					16,000
Net income				$	28,100

1. How much cash is paid to acquire inventory during year 2016? 2. How much cash is paid for "other expenses" during year 2016? (Hint: Examine prepaid expenses and wages payable.)