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Tobey Toys Inc. presents the following simplified income statement information for the year ended December 31, 2018. The Company prepares the operating section of the

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Tobey Toys Inc. presents the following simplified income statement information for the year ended December 31, 2018. The Company prepares the operating section of the Statement of Cash Flows (SCF) using the direct method. Sales revenue $80,000 Less: Cost of goods sold Salaries expense $29,000 13,000 8,000 2,500 Depreciation expense Loss on sale of equipment (52,500). Income before income taxes $27,500 Income tax expense (4,000). Net income $23,500 Further analysis reveals the following changes in its current asset and current liability accounts for 2018: Accounts receivable increased by $2,600. Inventory decreased by $2,000. Accounts payable increased by $9,000. Salaries payable decreased by $8,000. . Gain on disposal of equipment amounted to $3,000 Dividend payable decreased by $3,700. How much is cash paid to suppliers? Choose... How much is cash collected from customers? Choose... How much is cash paid to employees? Choose... How much cash was paid for income taxes? Choose... How much is total operating cash outflows? Choose... How much cash was paid for dividends? Choose

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