Use the following information to answer the following questions: Below are the changes in Johnson Company's balance sheet, and the direct statement of cash flows for the fiscal year ended December 31, 2019. During the year, Johnson Company wrote off accounts receivable totaling $300 and sold equipment with a book value of $200. The weighted average number of shares outstanding during the year was 1,000. NOTE: the negative change for the contra- asset accounts (ADA and Acc Dep) means that the accounts have a larger credit balance at the end of the year. Direct Statement of Cash Flows Cash AR - Gross ADA Change from beg to end of year - 150 1000 -50 -250 150 1,200 -50 1,850 Inv Prepaid Insurance PPE - Gross Acc Dep Total Assets Cash from Customers Cash paid for inventory Cash paid for Insurance Cash paid for wages Cash paid for interest Operating Cash Flow 11,000 -4,590 2,300 -4,230 - 1,000 -1,120 Cash purchases Cash Sales of PPE -1,500 250 -1,250 ICF AP Unearned Revenue Wages Payable Interest Payable Dividends Payable long-term debt CC RE Total L + SE -80 150 - 150 50 80 1,800 500 500 Issue LT Debt Issue Equity Dividends FCF 1,800 500 -80 2,220 1,850 Net Change in Cash 150 Question 1 4 p What was bad debt expense for the year? Question 2 7 pt What were sales revenues for the year? Question 3 4 pt What was COGS for the year? Question 4 What was the insurance expense for the year? Question 5 4 pts What was the wage expense for the year? Question 6 4 pts What was the interest expense for the year? 1,000 X Course | CSX0001)... Data Quality Assess... Question 7 4 pts What was the gain/loss on the sale of equipment? Clearly indicate if it was a gain or a loss. Edit View Insert Format Tools Table 12pt Paragraph e T : FREE O words What was the depreciation expense? Edit View Insert Format Tools Table 12pt Paragraph BTUA 2 TV p O words