Help System Announcements ES Exercise 17-11 Macgregor Company completed its first year of operations on December 31, 2020. Its initial income statement showed that Macgregor had revenues of $191,700 and operating Assume that accounts payable related to operating expenses. Ignore income taxes. Compute net cash provided by operating activities using the direct method. (Show amounts that decrease cash flow with either a-sign e.g. -15,000 or in parenthesis Net cash provided by operating activities Click if you would like to show Work for this question: Qeen Show Work LINK TO TEXT CALCULATOR PRINTER VERSION BACK initial income statement showed that Macgregor had revenues of $191,700 and operating expenses of $71,800. Accounts receivable and accounts payable at year-end were $53,200 and $24,400, respectively. mounts that decrease cash flow with either a sign .g. -15,000 or in parenthesis e.. (15,000).) Question Attempts: 0 of 5 used SAVE POR LATER SUBMIT ANSWER 9:42 AM 8/18/2020 Hele Stem Announcements Exercise 17-12 Your answer is partially correct. Try again Suppose a recent income statement for McDonald's Corporation shows cost of goods sold $4,852.7 milion and operating expenses (including depreciation expense of $1,201 milion) $10,671.5 million. The prepaid expenses increased $56.3 million, accounts payable (merchandise suppliers) increased $136.9 million, and accrued expenses payable increased $160.9 million Using the direct method, compute (a) cash payments to suppliers and (b) cash payments for operating expenses. (Enter answers in millions to 1 decimal place, e.g. 527.5.) Cash payments to suppliers 4733.90 million Cash payments for operating expenses 9526, 80 million Click if you would like to Show Work for this question: Open Show Werk LINK TO TEXT O - here to search . CALCULATOR PRINTER VERSION BACK 2.7 million and operating expenses (including depreciation expense of $1,201 million) $10,671.5 million. The comparative balance sheet for the year shows that inventory increased $18.1 million, 36.9 million, and accrued expenses payable increased $160.9 million ating expenses. (Enter answers in millions to I decimal place, e.g. 527.5.) Question Attempts: 1 of Sused SAVE PO LATER SUBMIT ANSWER 9:42 AM 8/18/2020 3