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The following information is taken from the 2022 general ledger of Crane Company. Rent Rent expense Prepaid rent, January 1 Prepaid rent, December 31 $

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The following information is taken from the 2022 general ledger of Crane Company. Rent Rent expense Prepaid rent, January 1 Prepaid rent, December 31 $ 90,000 17,700 22,200 Salaries Salaries and wages expense Salaries and wages payable, January 1 Salaries and wages payable, December 31 $ 162,000 6 ,000 24,000 Sales Sales revenue Accounts receivable, January 1 Accounts receivable, December 31 $480,000 48,000 21,000 In each case, compute the amount that should be reported in the operating activities section of the statement of cash flows under the direct method. Cash payments for rent Cash payments for salaries Cash receipts from customers

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