Income statement For the year ended December 31, 2006 The following additional data were provided: Dividends for the year 2006 were P60,000 During the year, equipment was sold for 80,000 . This equipment cost 145,000 originally and had a book value of P120,000 at the time of sale. The loss on sale was incorrectly charged to cost of sales. All depreciation expense is in the selling category Provide the following information for the year ended December 31,2006 : a. the net cash provided by operating activities (including depreciation computation) b. The net cash provided (used) by investing activities is c. Under the direct method, the cash received from customers is d. Under the direct method, the total taxes paid is e. The net cash provided (used) by financing activities is