Question: Compute the following items for the cash flow statement: a. Beginning Accounts Receivable $ 65,000 b. Cost of goods sold $ 125,000 Ending Accounts Receivable

Compute the following items for the cash flow statement: a. Beginning Accounts Receivable $ 65,000 b. Cost of goods sold $ 125,000 Ending Accounts Receivable 68,000 30,000 Beginning Inventory balance Ending Inventory balance Credit sales for the period 105,000 26.000 Cash collections ? Beginning Accounts Payble 26,000 Ending Accounts Payable 24,000 Cash payments for inventory 2 a. Cash collections from customers were $ $ b. Cash payments for inventory were $
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