Question 3 Examine the following cash from operations section of Comox Ltd. and determine whether the asset and liability accounts shown increased or decreased during the year. $1,980 Comox Ltd. Cash from Operations For the year ended December 31, 2018 (000) Net income Depreciation Loss on sale of equipment Changes in working capital accounts Accounts receivable Inventories Accounts payable and accrued liabilities Wages payable Other current assets Cash from operations (18) $2 299 Question 4 In its April 30, 2018 financial statements, Trump International Inc. (Trump) reported a beginning accounts receivable balance of $363,000 and an ending accounts receivable balance of $456,000. Trump reported sales for the year ended April 30, 2018 of $4,626,000. All sales are on credit. Required: Calculate the amount of cash Trump collected from customers during fiscal 2018 Question 5 In its May 31, 2017 annual report, Beyonce Ltd. (Beyonce) reported that it had inventory of $175,000 and accounts payable of $104,000 on May 31, 2016, and inventory of $196,000 and accounts payable of $122,000 on May 31, 2017. Beyonce's income statement for the year ended May 31, 2017 reported cost of goods sold of $1,220,000. Required: Calculate the amount of cash that Beyonce paid to suppliers for purchases of inventory during fiscal 2017. Assume that accounts payable pertain only to the purchase of inventory on credit