Putnam, Inc. Comparative Balance Sheets December 31, 2019 2018 Assets: Current Assets: Cash $ 1,380,000 $1,080,000 Accounts Receivable (net) 3,120,000 2,160,000 Inventory 3,900,000 2,520,000 Prepaid Expenses 702,000 630,000 Total Current Assets 9,102,000 6,390,000 Long-Term Investments 450,000 Plant Assets: Property, Plant & Equipment 4,380,000 2,880,000 Accumulated Depreciation (900,000) (540,000) Total Plant Assets 3,480,000 2,340,000 Total Assets $13,032,000 $8,730,000 Equities: Current Liabilities: Accounts Payable $ 2,550,000 $2,190,000 Accrued Expenses 618,000 564,000 Dividends Payable 402,000 Total Current Liabilities 3,570,000 2,754,000 Long-Term Notes Payable 1,650,000 Stockholders' Equity: Common Stock 6,000,000 4,800,000 Retained Earnings 1,812,000 1,176,000 Total Equities $13,032,000 $8,730,000 Putnam, Inc. Comparative Income Statements December 31, 2019 2018 Net Credit Sales $14,040,000 $7,506,000 Cost of Goods Sold 7,830,000 3,762,000 Gross Profit 6,210,000 3,744,000 Operating Expenses (including Income Tax) 5,172,000 2,748,000 Net Income $1,038,000 $ 996,000 Additional Information: a. Accounts receivable and accounts payable relate to merchandise held for sale in the normal course of business. The allowance for bad debts was the same at the end of 2019 and 2018, and no receivables were charged against the allowance. Accounts payable are recorded net of any discount and are always paid within the discount period. b. The proceeds from the note payable were used to finance the acquisition of property, plant, and equipment. Capital stock was sold to provide additional working capital. Questions: 1. What amount of cash was collected from 2019 accounts receivable? 2. What amount of cash was paid on accounts payable to suppliers during 2019? 3. The amount to be shown on the cash flow statement as net cash provided by investing activities would total what amount? 4. The amount to be shown on the cash flow statement as net cash provided by financing activities would total what amount?