Question 4 (30 marks) For each of the following independent cases, use the information provided to calculate the missing cash inflow or cash outflow using the direct method. Please show the calculation process. (a.) Interest payable, beginning-year ............... Interest expense................ 26,700 Interest payable, year-end..... Cash paid for interest............... $4,200 3,000 $7,000 16,800 3,400 (b.) Prepaid insurance, beginning-year.......... Insurance expense................. Prepaid insurance, year-end.... Cash paid for insurance................. (c.) Interest receivable, beginning-year......... Interest revenue........ Interest receivable, year-end......... Cash received for interest............ (d.) Accounts payable, beginning-year Cost of goods sold................... Merchandise inventory, beginning-year.... Merchandise inventory, year-end......... Accounts payable, year-end......... Cash paid for merchandise.......... $ 800 12,600 1,200 S $60,000 244,000 35,000 40,500 64,800