Hein Time: 1 hour. 54 minutes, 44 seconds Question Completion Status 1 2 6 7 8 9 10 11 12 The following comparative statement of financial position for Dubai Co, is given for the financial periods 2019 and 2020 2030 2012 PPE $450,000 $195.000 Accumulated depreciation of PPE 10000) (135.000) Copyrights 45,000 58.000 Receivable 22.000 12.000 Inventory 65.000 72,000 Prepaid expenses 70,000 $2.000 Cash D 216 624.00 Sos. Capitale preferred shares Promos preferred shares Commons Realing Hot payable Asyal Accredit 23,000 100.000 36.000 1.00 $42.000 150.000 96,000 45.000 57.000 65.000 1790 34.000 45.000 19.000 000 The income statement for 2020 is as follows: Nesale 550,000 The income statement for 2020 is as follows: Net sales $850,000 Cost of goods sold 582,000 Gross profit 268,000 Operating expenses 170,000 Net income $98,000 Required: Compute the following using the Direct Method (Show your calculations). 1. How much is the cash received from customers? 2. How much is the cash paid to suppliers? 3. How much is the operating expenses paid? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B IVS Paragraph Arial 10pt 5 EE x? X2 > TC - + > HII ABC EX B E () 3