Looking at the Balance sheet, answer the following questions:

Balance Sheet December 31 Assets s 20,000 160,000 Cash Accounts receivable Inventories Prepaid Rent Investments Plant assets s 10,000 110,000 50,000 10,000 75,000 250,000 15,000 100,000 210,000 Total $445.000 Accounts payable Interest payable Income tax payable Note payable Common stock Retained earnings S 50,000 20,000 5,000 130,000 155,000 40,000 5,000 10,000 140,000 100,000 Total 445.000 Income Statement For the Year Ended December 31, 2005 Sales Cost of goods sold Gross Proft $800,000 480,000 320,000 Operating expenses (including Depreciation Expense) Interest expense Income tax expense 20,000 Total 165,000 155,000 Gain on sale of plant assets Net income Page 7 of 9 Additional information pertaining to ABC Company: . Accounts payable pertain to the purchase of inventory. . Plant assets were sold for $40,000. The cost of the plant assets was $40,000. . All dividends are cash. For the year 2005: 51. Cash received/collected from customers is: 52. Purchases for the year is: 53. Cash paid to suppliers is: 54. Depreciation expense is: 55. Cash paid for operating expenses is: 56. Cash paid for interest is: 57. Cash paid for income taxes is: 58. Cash provided by/(used in)* operating activities is: 59. Cash provided by/(used in)* investing activities is: 60. Cash paid for dividends is: 61. Cash provided by/(used in)* financing activities is: *If your answer is cash "used in", you must indicate this by writing your answer in parenthesis. For example, ($10,000). If your answer is cash "provided by". you must write your answer without parentheses Refer to the balance sheet and income statement for ABC Co 62. If Rent Expense for the period was $20,000, the Cash paid for Prepaid Rent is