Problem $4$: $[15$ minutes, $10$ marks$]$

The following are the financial statements of Peterson Corporation for its year ended December $31,2015$ and $2014.$ All of Peterson's revenue is earned on account $($ie$.$ no cash sales$).$

Problem $4$ Continued:

$2.$ Calculate the total cash Peterson paid to its employees during the year ended December $31,2015.[2$ marks$]$

$3.$ Calculate the total cash Peterson paid to its landlord for rent during the year ended December $31,2015.[2$ marks$]$

$4.$ Evaluate Peterson's Statement of Cash Flows for the year ended December $31,2015$ similar to how we evaluated WestJet's Statement of Cash Flows in class. Indicate what areas of the statement can be analyzed, and then write an analysis on each of these areas stating whether the reported amounts are a good or bad signal for the company and why. $[4$ marks$]$

Requirements:

Calculate the total cash Peterson received from its customers during the year ended December $31,2015.[2$ marks$]$