QUESTIONS Hupta Corporation reports for the year ended December 31, 2005, sales of $9.430 and cost of goods sold of $6,500. Other information as of December 31 is as follows Account 2004 2005 SSSO $500 Accounts Receivable Inventory Accounts Payable S400 $250 $380 $290 Cash collected from customers for the year ended December 31, 2005, 59.180 59,130 58,930 $8.980