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I need some help with some explanations because I'll like to have work to show Leweeszvmwgimsm21291311321itimminmmzm 'itii'iifk The income statement and a schedule reconciiing cash

I need some help with some explanations because I'll like to have work to show

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Leweeszvmwgimsm21291311321itimminmmzm 'itii'iifk The income statement and a schedule reconciiing cash ows from operating activities to net incentive are muted below ($ in miIIions) for Mike Roe Computers. 53,95 $149.00 Cost of goods soId' , (39.50) Gross, margin , ' 59,50 SaIaries expense ' $ 19.00 Insurance expense . ilgg Depreciation expense _ . ' Interest expense 5.50 (40:00) Gains and Iosses: Gain on sale of equipment V > 11.00 Loss on sale of land , (2.00) Income before tax 28.50 Income tax expense (14.25) Net income ' $ 14.25 ReconciIiation of'Net Income to Net Cash Flows from Operating Activities . Net income 8 14.25 Adjustments for noncash effects; Decrease in accounts receivable 4.50 Gain on sale of equrpment (11.00) Increase in inventory (5.50) Increase in accounts payabIe B 50 Increase in salaries payabie 2.50 Depreciation expense 4 50 Decrease in bond discount 2.75 ' . . ' lo-I.c'. -l - Q .a-m ' ~_wW-:-'\""\"\" _ ' i (D eztomheduutionmm/hmtpx Net income ' ' 3 1425 ALiistments for noncash eifects: 0 Decrease in accounts receivable 4.5 Gain on sale of emipment (11.00) Increase in inventory (5.50) lncrease in accounts payable 8.50 Increase in salaries payable 2.50 Depreciation expense 4.50 Decrease in bond discount . 2.75 Decrease in prepaid insurance 1.50 Loss on sale of land ' 200 increase in income tax payable 5.50 Net cash ows from operating activities $ 2950 Required: 1. Calculate each of the followi ng amounts for Mike Roe Com dollars rounded to 2 deci a. Cash received from customers during the reporting period. In. Cash paid to suppliers of goods during the reporting period. c. Cash paid to employees during the reporting period d. Cash paid for interest during the reporting period 9 Cash paid for insurance during the reporting period t. Cash paid for income taxes during the reporting period ($ .5 (5 in millions) [it puters: (Enter your answers in millions of mal places. Input all amounts as positive values.) in millions l 153.5 I 95.00 I 19 00 l 5 50 .i'fi'rt" i?'('17'!t"1 E1? 6 Vliwq\" . \"mm ,"Iuxunzziummuwmm'"3'1\"5'": arr/r ' Mitt? : From perating Activrties: from customers ler received from customers during the reporting period. 1. \"Dr-\"l \"in M)?\" in snot rr.ammummimmmimmrmtmammonium. 1'4: 5 S 153 ; r who svuppiiere ofgoods during the reporting period. 5 95.00 ' :0!!! paidto empioyees during the reporting period. is 19 00 ab\" int heterest during the reporting period. ' $ 5 .50 ' 9. Cash pad for insurance during the reporting period. . $ 11 '00 paid for income taxes during the reporting period. $ 14 .25 .- r8+.-'Au "34-11.. .J

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