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QUESTION 11 (36 points total; 20, 10 and 6 for the 3 parts) XYZ Company uses the direct method to prepare its statement of cash

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QUESTION 11 (36 points total; 20, 10 and 6 for the 3 parts) XYZ Company uses the direct method to prepare its statement of cash flows. Refer to the following information reported for 2018 Cost of Goods Sold, $150.000 Merchandise Inventory, beginning balance 530,000 Merchandise Inventory, ending balance, S61.000 Accounts Payable, beginning balance, 58100 Accounts Payable, ending balance, S5000 Operating expenses, S29 000 Accrued Liabilities, beginning balance, 52900 Accrued Liabilities, ending balance, 56200 (Accrued Liabilities relate to operating expenses.) Use the direct method to compute: 1) Cash paid for merchandise inventory 2) Cash paid for operating expenses 3) Cash paid to suppliers. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac), 14px B IVS Paragraph a iii HII > Arial

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