The following information was taken from the 2021 financial statements of Concord Corporation: Inventory, January 1, 2021 Inventory, December 31, 2021 Accounts payable, January 1, 2021 Accounts payable, December 31, 2021 Sales revenue Cost of goods sold $ 177000 239000 152000 241000 1270000 809000 If the direct method is used in the 2021 statement of cash flows, what amount should Concord report as cash payments to supplie $836000 $960000 $782000 $898000 in Progress Crane Company reported operating expenses of $374000 for 2021. The following data were extracted from the company's financial records: 12/31/20 12/31/21 Prepaid Expenses $ 59400 $69500 Accrued Expenses 210500 255000 On a statement of cash flows for 2021, using the direct method, cash payments for operating expenses should be $339600 $408400. $319400. $428600 Attempts: 0 of 1 used Submit Answer In preparing Oriole Company's statement of cash flows for the year ended December 31, 2021, the following amounts wer available: Collect note receivable Issue bonds payable Purchase treasury stock $620000 632000 304000 What amount should be reported on Oriole Company's statement of cash flows for financing activities? $1252000 $316000 $328000 $ 12000 Submit Answer Attempts: 0 of 1 used