Tip Top,

Inc. reported the following in its financial statements for the year ended August 31,

2020

(in thousands):

LOADING...

(Click the icon to view the financial statements.)Requirement

LOADING...

a.

Collections from customers are $

xxxxx

thousand.

b.

Payments for inventory are $

xxxxxx

thousand.

c.

Payments for other operating expenses are $

xxxxxxx

thousand.

d.

Payment of income tax is $

xxxxxxx

thousand.

Need help with the value for a,b,c,d (xxxx value)

- X Financial Statements 2020 2019 $ 21,877 15,497 25,092 $ 18,935 267 3,878 541 233 4,221 488 $ 1,471 $ 1,438 $ Income Statement Net sales Cost of sales Depreciation Other operating expenses Income tax expense Net income Balance Sheet Cash and cash equivalents Accounts receivable Inventory Property and equipment, net Accounts payable Accrued liabilities Income tax payable Long-term liabilities Common shares Retained earnings 20 $ 599 19 616 2,785 3,429 3,050 4,346 1,551 1,369 938 186 936 205 475 515 4,333 467 441 3,448 Print Done