ya. Caicuiate cash tlows- Direct Method (8 points) The financial statements of Custom Corporation provide the following i current year: nformation for the Beginning of Year 201,000 249,000 12,000 177,000 25,500 12,600 801,000 465,000 Year Accounts receivable Inventory Short-term prepayments Accounts payable (for merchandise) Accrued operating expenses payable Accrued income taxes payable 221,000 233,000 9,500 170,000 33,200 15,500 et sales ost of goods sold perating expenses (including depreciation of$300,000 40,000) Income taxes expense 39,000 Using this information, compute for the current year: (a) Cash received from customers Cash payments for purchases of merchandise c) Cash payments for operating expenses Income taxes paid