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Requirements Calculate the following items for the statement of cash flows: a. Beginning and ending Accounts Receivable were $23,000 and $24,000, respectively. Credit sales for

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Requirements Calculate the following items for the statement of cash flows: a. Beginning and ending Accounts Receivable were $23,000 and $24,000, respectively. Credit sales for the period totaled $69.000. How much were the cash collections from customers? b. Cost of Goods Sold was $78,000. Beginning Inventory was $22,000, and Ending Inventory was $26.000. Beginning and ending Accounts Payable were $9,000 and $11,000, respectively. How much were the cash payments for inventory? Requirement a. Beginning and ending Accounts Receivable were $23,000 and $24.000, respectively. Credit sales for the period totaled $69.000. How much were the cash collections from customers? Cash collections from customers are $ 68,000 Requirement b. Cost of Goods Sold was $78,000. Beginning Inventory was $22,000, and Ending Inventory was $26,000. Beginning and ending Accounts Payable were $9,000 and $11,000, respectively. How much were the cash payments for inventory? Cash payments for inventory are $

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