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Situation A Marin Co, reports revenuies of $201,000 and operating expenses of $109,000 in its first year of operations, 2025, Accounts receivable and accounts payable

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Situation A Marin Co, reports revenuies of $201,000 and operating expenses of $109,000 in its first year of operations, 2025, Accounts receivable and accounts payable at year-end were $71.500 and $28,800, respectively. Assume that the accounts payable related to operatirg expenses, (1gnore income taves.) Using the direct method, compute net cash provided (used) by operating activities; (Show amounts that decrease cosh flow with either astanes. 15,000 or in parenthesis es. (15,000d) Netcash by operating activities 5 Situation B: The income statement for Headiand Traveler Company shows cost of goods sold 5308,100 and operating expenses (exclusive of depreciation $231,000, The comparative balance sheet for the year shows that inventory increased $26,100, prepaid expenses decreased $8,100, accounts payable (related to merchandise) decreased $17,000, and accrued expenses payable increased $11.000. Compute (a) cash payments to suppliers and (b) cash payments for operating expenseh. (a) Cashpaymentstosuppliers (t) Cash payments for operating expenses Attempts: unlimited

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