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Sheridan Corp. uses the direct method to prepare its statement of cash flows. Sheridan trial balances at December 31, 2020 and 2019, are as follows.

Sheridan Corp. uses the direct method to prepare its statement of cash flows. Sheridan trial balances at December 31, 2020 and 2019, are as follows.

December 31

Debits

2020

2019

Cash

$35,000

$32,000

Accounts receivable

33,300

29,700

Inventory

31,300

46,700

Property, plant, & equipment

100,100

95,100

Unamortized bond discount

4,600

5,100

Cost of goods sold

249,000

380,200

Selling expenses

142,600

171,700

General and administrative expenses

136,000

150,700

Interest expense

4,400

2,600

Income tax expense

20,600

61,300

$756,900

$975,100

Credits
Allowance for doubtful accounts

$1,300

$1,100

Accumulated depreciationplant assets

16,700

15,200

Accounts payable

25,200

15,300

Income taxes payable

20,900

28,900

Deferred tax liability

5,200

4,500

8% callable bonds payable

45,300

20,000

Common stock

50,200

40,000

Paid-in capital in excess of par

9,200

7,500

Retained earnings

45,000

64,600

Sales revenue

537,900

778,000

$756,900

$975,100

Additional information:

1. Sheridan purchased $5,000 in equipment during 2020.
2. Sheridan allocated one-third of its depreciation expense to selling expenses and the remainder to general and administrative expenses.
3. Bad debt expense for 2020 was $5,100, and write-offs of uncollectible accounts totaled $4,900.

Determine what amounts Sheridan should report in its statement of cash flows for the year ended December 31, 2020, for the following items.

(a) Cash collected from customers.

$

(b) Cash paid to suppliers.

$

(c) Cash paid for interest.

$

(d) Cash paid for income taxes.

$

(e) Cash paid for selling expenses.

$

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