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Exercise 12-16B Direct: Computing cash flows LO P5 Case X: $850,000 64,000 88,320 Case Y: Compute cash received from customers: Sales Accounts receivable, Beginning balance

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Exercise 12-16B Direct: Computing cash flows LO P5 Case X: $850,000 64,000 88,320 Case Y: Compute cash received from customers: Sales Accounts receivable, Beginning balance Accounts receivable, Ending balance Compute cash paid for rent Rent expense Rent payable, Beginning balance Rent payable, Ending balance Compute cash paid for inventory Cost of goods sold Inventory, Beginning balance Accounts payable, Beginning balance Inventory, Ending balance Accounts payable, Ending balance $110,400 10,150 8,526 Case 2: $ 537,000 166, 470 69,917 136,505 86,697 For each of the above three separate cases, use the information provided about the current-year operations of Sahim Company to compute the required cash flow information. Assume all purchases and sales of inventory are on credit Case X: Case Y: Cash received from customers Cash paid for rent Cash paid for inventory Case Z

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