z The following information is for questions (3), (4), and (5). Please note that accounts payable ildings, relate to inventory purchases. ve ber Income Statement for 2014 the Sales $ 10,000.00 (Cost of Goods Sold) $ (5,300.00) Gross Profit $ 4,700.00 (Operating Expenses) $ (3,800.00) Net Income $ 900.00 Balance Sheet (partial) 1/1/14 12/31/14 Accounts Receivable Inventory Prepaid Operating Expenses Accounts Payable $ 1,400.00 $ 2,500.00 $ 1,000.00 $ 1,350.00 $ 1,375.00 $ 2,100.00 $ 4,000.00 $ 1,200.00 [3] How much cash was collected from cust Show work (8 points) [4] How much cash was paid for inventory purchases? Show your work (8 points) [5] How much cash was paid for operating expenses? Show your work (8 points)