Question 49 1 pts Johnny Depp Company recorded credit sales of $1,400,000 during the period. The beginning accounts receivable balance was $165,000 and the ending accounts receivable balance was $280,000. What were the cash collections from customers during the period? O $1.285,000 O $1.615,000 $1,565,000 O $1.400,000 Question 45 1 pts Biden Company recorded income taxes due of $1,000,000 during the year. The beginning income taxes payable balance was $300,000 and the ending income taxes payable balance was $400,000. How much cash was used during the period to pay down the income taxes payable balance? O $900,000 $1,100,000 O $1,000,000 $1,700,000 Question 43 1 pts Hilton Company reported net income of $90,000 for the year. During the year, accounts receivable increased by $21,000, accounts payable decreased by $9.000, a $4.000 gain on sale of equipment was recorded, and depreciation expense of $15,000 was recorded. Under the Indirect Method cash provided by operating activities for the year is $89.000 $71,000 $79.000 $82,000 Question 44 1 pts Using the indirect method, patent amortization expense for the period Causes cash to decrease O is subtracted from net income Causes cash to increase Is added to net income