Sales $ 4000 Cost of goods sold (1650) Depreciation expense (400) Sales and general expense (1000) Interest expense (150) Gain on sale of PPE 60 Income tax expense (160) Net income $ 700 Balance Sheets at December 31, 20X1 and 20X2 Assets Cash Accounts receivable Prepaid Expenses Inventory Current assets Property Plant and Equipment (PPE) Less Accumulated Depreciation Total assets Liabilities and equity Accounts payable Interest Payable Taxes payable Total Current liabilities 20x2 20x1 $150 $100 500 480 300 250 750 840 $1700 $1670 1200 $1050 (500) (450) $2400 $2270 690 610 110 140 150 90 $ 950 $ 840 Long Term Liabilities and Stockholders equity not provided for this problem Additional Information Property Plant and Equipment (PPE) that originally cost $700 was sold, Calculate the Operating Cash Flows 4000 Calculate the Cash Collected from Customers Calculate the Cash paid to Suppliers 650 Calculate the cash paid for PPE purchased 1700 Calculate the cash obtained from PPE sold Calculate the Cash obtained or used from Financing (Hi and not the missing data in the balance sheet) Show outflow as a negative nu