Reconciling Net Income and Cash Flow from Operations Using FSET For fiscal year 2018, Beyer GmbH had the following summary information available concerning its operating activities. The company had no investing or financing activities this year. 1. Sales of merchandise to customers on credit 507,400 2. Sales of merchandise to customers for cash 91,500 3. Cost of merchandise sold on credit 320,100 4. Cost of merchandise sold for cash 63,400 5. Purchases of merchandise from suppliers on credit 351,600 6. Purchases of merchandise from suppliers for cash 47,700 7. Collections from customers on accounts receivable 483,400 8. Cash payments to suppliers on accounts payable 340,200 9. Operating expenses (all paid in cash) 172,300 Required a. Enter the items above into the Financial Statement Effects Template. Under noncash assets, use two separate columns for accounts receivable and inventories. Calculate the totals for each column. Note: Use negative signs with answers, when appropriate. Balance Sheet Inco