Los Lobos Corp. uses the direct method to prepare its statement of cash flows. Los Lobos€™s trial balances at December 31, 2008 and 2007, are as follows.

Additional information:
1. Los Lobos purchased $5,000 in equipment during 2008.
2. Los Lobos allocated one-third of its depreciation expense to selling expenses and the remainder to general and administrative expenses.
3. Bad debt expense for 2008 was $5,000, and write-offs of uncollectible accounts totaled $4,800.
Instructions
Determine what amounts Los Lobos should report in its statement of cash flows for the year ended December 31, 2008, for the following items.
1. Cash collected from customers.
2. Cash paid to suppliers.
3. Cash paid for interest.
4. Cash paid for income taxes
5. Cash paid for sellingexpenses.

December 31 2008 2007 Debits Cash Accounts receivable Inventory Property, plant, & equipment Unamortized bond discount Cost of goods sold Selling expenses General and administrative expenses Interest expense Income tax expense $35,000 32,000 30,000 47,000 95,000 5,000 380,000 172,000 151,300 2,600 61,200 $976,100 33,000 31,000 100,000 4,500 250,000 141,500 137,000 4,300 20,400 $756,700 Credits Allowance for doubtful accounts Accumulated depreciation Trade accounts payable Income taxes payable Deferred income taxes 896 callable bonds payable Common stock Additional paid-in capital Retained earnings Sales 16,500 25,000 21,000 5,300 45,000 50,000 9,100 44,700 538,800 $756,700 $1,300 1,100 15,000 15,500 29,100 4,600 20,000 40,000 7,500 64,600 778,700 $976,100