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Exercise 12-5B Direct: Computation of cash flows LO P5 Case X Compute cash received from customers Sales Accounts receivable, December 31, 2013 Accounts receivable, December 31, 2014 $ 450,000 57,000 78,660 Case Y: Compute cash paid for rent Rent expense Rent payable, December 31, 2013 Rent payable, December 31, 2014 $ 116,900 8,350 6,847 Case Z: Compute cash paid for merchandise Cost of goods sold Merchandise inventory, December 31, 2013 Accounts payable, December 31, 2013 Merchandise inventory, December 31, 2014 Accounts payable, December 31, 2014 $ 701,000 217.310 91,270 178,194 113,175 For each of the above three separate cases, use the information provided about the calendar-year 2014 operations of Sahim Company to compute the required cash flow information Case X Cash received from customers Case Y Cash paid for rent Case Z: Cash paid for merchandise