The following comparative statement of financial position for Prett Co. is given for the financial periods 2019 and 2020: 2020 PPE 2019 $595,000 $730,000 Accumulated depreciation of PPK 230,000 175,000 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 Retained earnings 45,000 34,000 Bond payable $5,000 Accounts payable 165,000 115,000 273.000 285.000 Accrued liabilities $926.000 $750.000 The income statement for 2020 is as follows: Net sales $850,000 550.000 11 points Common stock Retained earnings Bond payable Accounts payable Accrued liabilities The income statement for 2020 is as follows: Net sales $850,000 Cost of goods sold $50.000 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? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I U S Paragraph Arial 10pt > !!! 106,000 45,000 85,000 165,000 273.000 $226.000 THE