The income statement and a schedule reconciling cash flows from operating activities to net income are provided below ($ in thousands) for Peach Computers.

Required:
1. Calculate each of the following amounts for Peach Computers:
a. Cash received from customers during the reporting period
b. Cash paid to suppliers of goods during the reporting period
c. Cash paid to employees during the reporting period
d. Cash paid for insurance during the reporting period
e. Cash paid for income taxes during the reporting period
2. Prepare the cash flows from operating activities section of the statement of cash flows (direct method).

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PEACH COMPUTERS Income Statement For the Year Ended December 31, 2018 Reconcillation of Net Income To Net Cash Flows from Operating Activltles Sales Cost of goods sold $305 Net income $ 22 185 Adjustments for Noncash Effects Loss on sale of land Changes In operating assets and llablitles: Adu 120 Depreciation expense Gross margin Salaries expense Insurance expense Depreciation expense Loss on sale of land Income before tax $41 19 Decrease in accounts receivable Increase in inventory Decrease in accounts payable Increase in salaries payable Decrease in prepaid insurance Increase in income tax payable Net cash flows from operating actlvitles 76 (13) Income tax expense Net Income $ 22 20 $ 57