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Business Finish attempt... Question 1 Partially correct Mark 3.33 out of 5.00 P Flag question Operating Cash Flows (Direct Method) Calculate the cash flow in each of the following cases: $108.500 19,250 26,250 115,500 $50,750 12,425 8,575 a. Advertising expense Prepaid advertising, January 1 Prepaid advertising, December 31 Cash paid for advertising: $ 6. Income tax expense Income tax payable, January 1 Income tax payable December 31 Cash paid for income taxes: $ C Cost of goods sold Inventory, January 1 Inventory, December 31 Accounts payable, January 1 Accounts payable, December 31 Cash paid for merchandise purchased: $ 54,600 $315,000 52,500 43,750 17,500 21,000 309,750 X Check Partially correct Marks for this submission: 3.33/5.00. Save Answers DU Type here to search C