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Novak Corp. uses the direct method to prepare its statement of cash flows. Novak trial balances at December 31, 2017 and 2016, are as follows.

Novak Corp. uses the direct method to prepare its statement of cash flows. Novak trial balances at December 31, 2017 and 2016, are as follows.

December 31

Debits2017

2016

Cash$35,100

$32,100

Accounts receivable33,000

30,100

Inventory30,900

47,500

Property, plant, & equipment99,300

94,200

Unamortized bond discount4,500

5,000

Cost of goods sold249,900

381,900

Selling expenses140,500

172,000

General and administrative expenses137,400

150,500

Interest expense4,300

2,600

Income tax expense20,400

60,800

$755,300

$976,700

CreditsAllowance for doubtful accounts$1,300

$1,100

Accumulated depreciationplant assets16,600

15,100

Accounts payable25,100

15,500

Income taxes payable21,200

29,300

Deferred tax liability

5,200

4,500

8% callable bonds payable44,600

20,000

Common stock49,900

40,000

Paid-in capital in excess of par9,200

7,500

Retained earnings44,900

64,600

Sales revenue537,300

779,100

$755,300

$976,700

Additional information:

1.Novak purchased $5,100in equipment during 2017.2.Novak allocated one-third of its depreciation expense to selling expenses and the remainder to general and administrative expenses.3.Bad debt expense for 2017 was $5,000, and write-offs of uncollectible accounts totaled$4,800.

Determine what amounts Novak should report in its statement of cash flows for the year ended December 31, 2017, for the following items.

(a)Cash collected from customers.$

(b)Cash paid to suppliers.$

(c)Cash paid for interest.$

(d)Cash paid for income taxes.$

(e)Cash paid for selling expenses.$

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