XYZ Limited has the following information:

31 / 12 / 18 31 / 12 / 17

Debtors $7,000 $10,000

Prepaid rent $6,000 $6,000

Creditors $5,000 $12,000

Inventory $4,000 $5,000

Wages Payable $3,000 $4,000

For the year ended, 31/12/18, if XYZ Limited has the following:

Sales $120,000

Cost of sales $ 75,000

Rent expense $15,000

Wages expense $ 12,800

a) Calculate rent paid

b) Calculate wages paid

c) Calculate cash collected from debtors

d) Calculate cash paid to creditors

e) Calculate the net profit

plz with Formula!!! Thanks