X Company is a distributor purchases inventories from manufacturer company. Selected account balances are included in the following table:

X Company uses the direct method to report operating activities in its Statement of Cash Flows. Please Calculate the above information to be reported on the operating section of the statement of cash flows.

1. What is the amount of cash paid to suppliers during 2020? Please present all workings and show all works clearly how the answer has been derived.
2. What is the amount of cash collected from customers during 2020? Please present all workings and show clearly how the final answer has been derived.

\begin{tabular}{lrr} & Dec. 31, 2019 & Dec. 31, 2020 \\ \cline { 2 - 3 } Cash & $15,400 & $35,000 \\ Accounts receivable & 85,000 & 92,000 \\ Merchandise inventory & 100,000 & 75,000 \\ Accounts payable & 50,000 & 45,000 \\ & & \\ Sales revenue & & 1,000,000 \\ Cost of Goods Sold & & 600,000 \\ Operating expenses & & 282,000 \end{tabular}