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The following comparative statement of financial position for Prett Co. is given for the financial periods 2019 and 2020 2020 2019 PPB $395.000 Accannlated depeciation

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The following comparative statement of financial position for Prett Co. is given for the financial periods 2019 and 2020 2020 2019 PPB $395.000 Accannlated depeciation of PPR $710,000 210,000 175,000 Copyrights 75,000 95,000 Receivables 45,000 25,000 Inventory 35,000 62,000 50,000 40,000 Prepaid expenses Cash 221.000 108.000 $926.000 $750.000 $102,000 100,000 Capital- preferred shares Premium on preferred shares 150,000 160,000 Common stock 106,000 56,000 45,000 34,000 Retained earnings Bond payable Accounts payable 85,000 165,000 115,000 Accrued liabilities 273.000 285.000 $926.000 $750,000 The income statement for 2020 is as follows: Net sales $850,000 550,000 Cost of goods sold Gross profit 300,000 Operating expenses 165.000 Net income $135.000 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

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