Question 1 --12 View Policies Current Attempt in Progress Pronghorn Corp. uses the direct method to prepare its statement of cash flows. Pronghorn trial balances at December 31, 2020 and 2019, are as follows. Debits Cash Accounts receivable Inventory Property, plant, & equipment Unamortized bond discount Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax expense December 31 2020 2019 $35,100 $31,800 32,900 30,000 30,700 47,100 100,300 95,300 4,500 5,000 249,800 383,000 142,200 171.800 137,400 149,900 4,400 2,600 20,500 61,600 $757,800 $978,100 Credits Allowance for doubtful accounts Accumulated depreciation-plant assets Accounts payable Income taxes payable Deferred tax liability 8% callable bonds payable Common stock Paid-in capital in excess of par Retained earnings Sales revenue $1,300 $1,100 16,700 15,200 25,200 15,600 21,100 29,200 5,400 4.700 44,900 20,000 50,300 40.000 9,200 7,500 44,600 64,400 539,100 780,400 $757,800 $978,100 Additional information: 1. Pronghorn purchased $5,000 in equipment during 2020. 2. Pronghorn allocated one-third of its depreciation expense to selling expenses and the remainder to general and administrative expenses. 3. Bad debt expense for 2020 was $5,000, and write-offs of uncollectible accounts totaled $4,800. Determine what amounts Pronghorn should report in its statement of cash flows for the year ended December 31, 2020, for the following items. (a) Cash collected from customers. $ A (b) Cash paid to suppliers. A (c) Cash paid for interest. A (d) Cash paid for income taxes. - (e) Cash paid for selling expenses. $