For each of the following three separate cases, use the information provided about the calendar-year 2010 operations of Kowa Company to compute the required cash flow information.
Case A: Compute cash received from customers:
Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $590,000
Accounts receivable, December 31, 2009 . . . . . . . . . . 38,000
Accounts receivable, December 31, 2010 . . . . . . . . . . 52,440
Case B: Compute cash paid for rent:
Rent expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $117,400
Rent payable, December 31, 2009 . . . . . . . . . . . . . . . . 6,700
Rent payable, December 31, 2010 . . . . . . . . . . . . . . . . 5,561
Case C: Compute cash paid for merchandise:
Cost of goods sold . . . . . . . . . . . . . . . . . . . . . . . . . . . . $651,000
Merchandise inventory, December 31, 2009 . . . . . . . . 201,810
Accounts payable, December 31, 2009 . . . . . . . . . . . . 84,760
Merchandise inventory, December 31, 2010 . . . . . . . . 165,484
Accounts payable, December 31, 2010 . . . . . . . . . . . . 105,102