The Bears Corporation has provided you the following information:

Increase in accounts receivable balance		50,000
Net sales		500,000
Gross profit as a percentage of net sales		40	%
Increase in the inventory account		45,000
Accounts payable balance decreased		17,000
Accounts receivable writeoffs		7,500
Bad debt expense		10,000

Required:

Determine the cash collected from customers.

Determine the cash paid to suppliers.