Determining Selected Amounts for Cash Fows from Operating Activities-Direct Method Selected data taken from the accounting records of Ginis inc, for the current year ended December 31 are as follows: During the current year, the cost of merchandise sold was 3426,600 , and the operating expenses other than depreciation were $84,000. The direct method is used for presenting the cash flows from operating activities on the statement of cash flows. a. Determint the amount reported on the statement of cash flows for cash payments for merchandise. b. Determine the amount reported on the statement of cash flowi for cosh payments for operating expenses