Question 5: Black Ice, a fictitious sportswear manufacturer, reported other operating expenses of $30 million. Prepaid insurance expense increased by $4 million, and accrued utilities payable decreased by $7 million. Insurance and utilities are the only two components of other operating expenses. How much cash did the company pay in other operating expenses? (2) Copper, Inc., a fictitious brewery and restaurant chain, reported a gain on the sale of equipment of $12 million. In addition, the company's income statement shows depre- ciation expense of $8 million and the cash flow statement shows capital expenditure of $15 million, all of which was for the purchase of new equipment. 12/31/2009 $100 million 12/31/2010 $109 million Change $9 million Balance sheet item Equipment Accumulated depreciation equipment $30 million $36 million $6 million Using the above information, how much cash did the company receive from cash sales? (2)