Production and sales estimates for June are as follows:

Estimated inventory (units), June 1	16,000
Desired inventory (units), June 30	18,000
Expected sales volume (units):
Area X	4,000
Area Y	6,000
Area Z	5,500
Unit sales price	$20

The number of units expected to be manufactured in June is

a.16,500

b.13,500

c.15,500

d.17,500

On the statement of cash flows prepared by the indirect method, the cash flows from operating activities section would include

amortization of premium on bonds payable

payments for cash dividends

receipts from the sale of investments

receipts from the issuance of capital stock