For the year ended December 31, 20X2, a company had cash payments for dividends on stock of $40,000, cash paid for interest of $7,000, cash paid to suppliers of $8,000, and cash payments for equipment of $20,000. Cash used by investing activities for 20X2 is a. $20,000. b. $17,000. c. $24,000. d. $49,000. The beginning balance in Accounts Receivable was $15,000, cash collections during the period were $190,000, and the ending balance in Accounts Receivable was $5, 500. The revenue from sales during the period was a. $181, 500. b. $200,000. c. $207, 500. d. $215,000. When preparing a statement of cash flows, the difference between the direct and indirect method occurs in which of the following section(s)? a. financing activities b. operating activities c. investing activities d. all of the above