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A comparative balance sheet and income statement is shown for Cruz, Incorporated. 2020 CRUZ, INCORPORATED Comparative Balance Sheets At December 31 2021 Assets Cash $ 69,200 Accounts receivable, net 29,700 Inventory 62,200 Prepaid expenses 3,800 Total current assets 164,900 Furniture 76,600 Accumulated depreciation Furniture (11,900) Total assets $ 229,600 Liabilities and Equity Accounts payable $ 10,800 Wages payable 6,400 Income taxes payable 1,100 Total current liabilities 18,300 Notes payable (long-term) 22,700 Total liabilities 41,000 Equity Common stock, $5 par value 162,900 Retained earnings 25,700 Total liabilities and equity $ 229,600 $ 17,200 36,500 68,500 3,100 125,300 87,800 (6,700) $ 206,400 $ 15,200 3,600 2,000 20,800 53,100 73,900 127,800 4,700 $ 206,400 CRUZ, INCORPORATED Income Statement For Year Ended December 31, 2021 Sales Cost of goods sold Gross profit Operating expenses (excluding depreciation) Depreciation expense Income before taxes Income taxes expense Net income $ 353,400 227,500 125,900 64,500 27,200 34,200 12,400 $ 21,800 1. How much cash is received from sales to customers for year 20217 Assume all the sales were made on credit basis 2. What is the net increase or decrease in the Cash account for year 2021? Complete this question by entering your answers in the tabs below. Required 1 Required 2 How much cash is received from sales to customers for year 2021? Assume all the sales were made on credit basis. Accounts Receivable Beginning balance Ending Balance 0 Required Required 2 > 1. How much cash is received from sales to customers for year 2021? Assume all the sales were made on credit basis. 2. What is the net increase or decrease in the Cash account for year 2021? Complete this question by entering your answers in the tabs below. Required 1 Required 2 What is the net increase or decrease in the cash account for year 2021? Required 1 Rent