The income statement for Waterway Company showed cost of goods sold of $87,500 and operating expenses of $67,500. The comparative balance sheets for the year show that inventory decreased $7,500, prepaid expenses increased $9,500, accounts payable increased $5,500, and accrued expenses payable decreased $7,500. Compute cash payments to suppliers and cash payments for operating expenses using the direct method. Cash payments to suppliers A Cash payments for operating expenses +A 89500 69500