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View Policies Current Attempt in Progress The following information is taken from the 2022 general ledger of Wildhorse Company. Rent Rent expense $36,000 Prepaid rent,
View Policies Current Attempt in Progress The following information is taken from the 2022 general ledger of Wildhorse Company. Rent Rent expense $36,000 Prepaid rent, January 1 7,080 Prepaid rent, December 31 8,880 Salaries Salaries and wages expense $ 64,800 2,400 Salaries and wages payable, January 1 Salaries and wages payable, December 31 9,600 Sales Sales revenue $192,000 Accounts receivable, January 1 19,200 Accounts receivable, December 31 8,400 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 $ Toutbooland Media
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