Presented below are two independent situations.

Situation A:
Overtop Inc. reports revenues of $2,605,000 and operating expenses of $1,950,000 in its first year of operations, 2014. Accounts receivable and accounts payable at year-end were $140,000 and $321,000, respectively. Assume that the accounts payable related to operating expenses. Ignore income taxes.

Instructions
Using the direct method, compute net cash provided by operating activities.

Situation B:
The income statement for Prince Corp. shows cost of goods sold $940,000 and operating expenses (exclusive of depreciation) $523,000. The comparative balance sheet for the year shows that inventory decreased $96,900, prepaid expenses decreased $12,000, accounts payable (related to merchandise) increased $64,900, and accrued expenses payable increased $25,000.

Instructions
Compute (a) cash payments to suppliers and (b) cash payments for operating expenses.