For fiscal year 2016, Riffe Enterprises had the following summary information available concerning its operating activities. The company had no investing or financing activities this year.

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1. 2. Sales of services to customers on credit. Sales of services to customers for cash $769,200 46,200 3. Employee compensation earned 526,700 4. Cash payment in advance to landlord for offices.. 149,100 5. Cash paid to employees for compensation.. 521,600 6. Rental expense for offices used over the year. 117,900 7. Collections from customers on accounts receivable. 724,100 8. Operating expenses (all paid in cash) 122,800 9. Depreciation expense. 23,000