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Time remaining: 1:52:26 14 Mega Screens, Inc., reports net sales of $2.550,000, cost of goods sold of $1,350,000, and income tax expense of $137,000 for
Time remaining: 1:52:26 14 Mega Screens, Inc., reports net sales of $2.550,000, cost of goods sold of $1,350,000, and income tax expense of $137,000 for the year ended December 31, 2018. Selected balance sheet accounts are as follows MEGA SCREENS, INC Selected Balance Sheet Data Decemiber 31 Increase (l) 2018 2017 Decrease (D) Cash Accounts receivable $143,500 272,000 118,500 113,500 18,500 5182,000 223,500 152,000 124,000 14,700 S38,500 (D) 45,500 (1) 33,500 10,500 (D) 3,800 (I) Accounts payable Income tax payable Required Calculate cash received from customers, cash paid to suppliers, and cash paid for income taxes. Cash received from customers Cash paid to suppliers Cash paid for income taxes
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