Harlan Mining Co. has recently decided to go public and has hired you as an independent CPA. One statement that the enterprise is anxious to have prepared is a statement of cash flows.
Financial statements of Harlan Mining Co. for 2019 and 2018 are provided below.
BALANCE SHEETS
				12/31/19		12/31/18
Cash				$408,000		$192,000
Accounts receivable				360,000		216,000
Inventory				384,000		480,000
Property, plant and equipment			$608,000		$960,000
Less accumulated depreciation			-320,000	288,000	-304,000	656,000
				$1,440,000		$1,544,000
Accounts payable				$176,000		$96,000
Income taxes payable				352,000		392,000
Bonds payable				360,000		600,000
Common stock				216,000		216,000
Retained earnings				336,000		240,000
				$1,440,000		$1,544,000
INCOME STATEMENT
For the Year Ended December 31, 2019
Sales revenue		$8,400,000
Cost of sales		7,152,000
Gross profit		1,248,000
Selling expenses	$600,000
Administrative expenses	192,000	792,000
Income from operations		456,000
Other losses		72,000
Income before taxes		384,000
Income taxes		96,000
Net income		$288,000
The following additional data were provided:
	1	Dividends for the year 2019 were $192,000.
	2	During the year, equipment was sold for $240,000. This equipment cost $352,000 originally and had a book value of $288,000 at the time of sale.
	3	Depreciation expense, $80,000, is in the selling expense category.
Questions relate to a statement of cash flows (indirect method) for the year ended December 31st, 2019, for Harlan Mining Company.
		Calculate net cash provided by operating activities using the direct method
a) Cash received from customers =		<-Enter your ans.
b) Cash paid to purchase inventory =		<-Enter your ans.
c) Cash paid as selling& admin. Expenses =		<-Enter your ans.
d) Cash paid as taxes		<-Enter your ans.