The following comparative statement of financial position for Prett Co. is given for the financial periods 2019 and 2020: 2020 2012 PPE $430,000 $395,000 Accumulated depreciation of PPE 185,000 175,000 Copyrights 55,000 65,000 Receivables 23,000 15,000 Inventory 65,000 $2,000 Prepaid expenses Cash 70,000 62,000 182.000 71000 $640.000 $$15.000 Capital preferred shares $42,000 23,000 Premium on preferred shares 140,000 160,000 Common stock 96,000 56,000 Retained earnings 45,000 34,000 Bond payable $7,000 Accounts payable 95,000 55.000 Accrued liabilities 165.000 2.000 $515.000 The income statement for 2020 is as follows: The income statement for 2020 is as follows: Net sales $950,000 Cost of goods sold 492.000 Gross profit 458,000 190.000 Operating expenses Net income $268.000 Additional information: The operating expenses include the depreciation expenses and amortization expenses Required: Compute the following using the Direct Method (Show your calculations). 1. How much is the cash received from customers? 2. How much is the cash paid to suppliers? 3. How much is the operating expenses paid? 4. How much is the Net cash provided by operating activities? $640.000 $315.000