I need help with the following:

I need help labeling the cash flow statement based on the information below.

$266000 - Inflow from customer

-$170000 Outflow for inventory or Cost Of Goods Sold?

-$50000 Outflow for expenses?

-$66000 Outflow for expenses?

Cashflow for investing and financing activities is ZERO!

Sage Inc. experienced the following transactions for Year 1, its first year of operations: 1. Issued common stock for $100,000 cash. 2. Purchased $190,000 of merchandise on account. 3. Sold merchandise that cost $152,000 for $302,000 on account. 4. Collected $266,000 cash from accounts receivable. 5. Paid $170,000 on accounts payable. 6. Paid $50,000 of salaries expense for the year. 7. Paid other operating expenses of $66,000. 8. Sage adjusted the accounts using the following information from an accounts receivable aging schedule: Required a. Organize the transaction data in accounts under an accounting equation. b. Prepare the income statement, statement of changes in stockholders' equity, balance sheet, and statement of cash flows for Sage Inc. for Year 1. c. What is the net realizable value of the accounts receivable at December 31, Year 1? Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Prepare the statement of cash flows for Sage Inc. for Year 1. (Cash outflows should be indicated with a minus sign.)