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The following information is taken from the 2022 general ledger of Sunland Company. Rent Rent expense Prepaid rent, January 1 Prepaid rent, December 31 $
The following information is taken from the 2022 general ledger of Sunland Company. Rent Rent expense Prepaid rent, January 1 Prepaid rent, December 31 $ 87,000 17,110 21,460 Salaries Salaries and wages expense Salaries and wages payable, January 1 Salaries and wages payable, December 31 $ 156,600 5.800 23,200 Sales Sales revenue Accounts receivable, January 1 Accounts receivable, December 31 $464,000 46,400 20,300 In each case, compute the amount that should be reported in the operating activities section of the statement of cash flows under the direct method. Cash payments for rent $ Cash payments for salaries $ Cash receipts from customers $
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