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please solve Presented below are two independent situations. Situation A: Monty Co. reports revenues of $202,000 and operating expenses of $109,000 in its first year

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Presented below are two independent situations. Situation A: Monty Co. reports revenues of $202,000 and operating expenses of $109,000 in its first year of operations, 2020. Accounts receivable and accounts payable at year-end were $71,600 and $29,100, respectively. Assume that the accounts payable related to operating expenses (Ignore income taxes.) Using the direct method, compute net cash provided (used) by operating activities. (Show amounts that decrease cash flow with either a sign .g. - 15,000 or in parenthesis e.g. (15,000).) Net cash by operating activities $ situation : The income statement for Founder Traveler Company shows cost of goods sold $310,500 and operating expenses (exclusive of depreciation) $230,000. The comparative balance sheet for the year shows that inventory increased $25,00, prepaid expenses decreased $8.100, accounts payable created to merchandise) decreased 517,200, and accrued expenses payable increased $10.900 Compute(a) cash payments to suppliers and (b) cash payments for operating expenses. (a) Cash payments to suppliers (6) Cash payments for operating expenses Click if you would like to show Work for this questioni Den Show Work

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