Use the following information in answering the following 4 questions. Below are balance sheet and income statement data for Howard Bannister Company. Note: For the balance sheet data, the end-of- year information is in the left column. Balance Sheet Data 20X2 20X1 Accounts Payable 165 95 Accumulated Depreciation 520 339 Cash 200 100 Common Stock 1,000 700 DIVIDENDS PAYABLE 40 25 Equipment 2,700 2,395 Income Tax Payable 100 35 Inventory 1,120 890 Mortgage Payable 900 1,265 Prepaid General Expenses 300 350 Retained Earnings (ending balance, after closing) 1,545 1,098 Unearned Sales Revenue 50 78 Income Statement Data (for 20X2) Sales 10,000 Loss on sale of PPE 100 Cost of Goods Sold 6,000 General Expense 2,000 Depreciation Expense 330 Income Tax Expense 700 Total Expenses 9,130 Net Income 370 Additional Information: Equipment with a book value of $300 was sold during 20X2. All accounts payable relate to inventory purchases. Equipment costing $160 was purchased with a mortgage during 20*2. This fact is alreadyreflected in the balance sheet numbers reported above. All other purchases of Equipment in 20X2 were cash transactions. 4. Compute the amount of Cash Paid for Inventory Purchases in 20X2. $6,100 $5,700 $6,160 $6,230 $5,840 $6,300 $6,280 5. Compute the total CASH FROM OPERATING ACTIVITIES in 20X2. $1,183 $1,200 $1,300 $927 $697 $1,027 $1,227 $1,127 6. Compute the total CASH FROM INVESTING ACTIVITIES in 20X2. net outflow of $394 net outflow of $343 net outflow of $455 net inflow of $500 7. Compute the CASH PAID FOR DIVIDENDS in 20X2. $422 $458 $378 $428 $408