The income statement of Sally Beauty Company for 2019 included the following: Supplies expense $150,000 Payroll expense 240,000 Advertising expense 100,000 The following accounts were reported as Balance January 1, 2019 Balance December 31, 2019 Supplies Payable $15,000 $20,000 Payroll Payable 20,000 35,000 Advertising payable 10,000 15,000 What was the cash payment for supplies during the year? Question 34 10 pts True or False. Significant financing and investing activities that do not affect cash are not reported in the statement of cash flows or any other place. True False