Question: Current Attempt in Progress Coronado Corp. uses the direct method to prepare its statement of cash flows. Coronado trial balances at December 31, 2020 and

Current Attempt in Progress Coronado Corp. uses the direct method to prepare its statement of cash flows. Coronado trial balances at December 31, 2020 and 2019, are as follows. December 31 Debits 2020 2019 Cash $35,200 $32,200 Accounts receivable 33,300 29.900 Inventory 31,300 47,500 Property, plant, & equipment 99,600 94,700 Unamortized bond discount 4,600 5,100 Cost of goods sold 250,100 378,800 Selling expenses 140,300 172,900 General and administrative expenses 135,900 151,600 Interest expense 4,300 2,700 Income tax expense 20,600 61,400 $755,200 $976,800 Credits Allowance for doubtful accounts $1,300 $1,000 Accumulated depreciation-plant assets 16.600 15,100 Accounts payable 25,000 15,300 Income taxes payable 20,900 28,900 Deferred tax liability 5,200 4,500 8% callable bonds payable 44,900 20,000 Common stock 49,900 40,000 Paid-in capital in excess of par 9.100 7.500 Retained earnings 44,700 64,000 Sales revenue 537,600 780,500 $755,200 $976,800 Additional information: 1 Coronado purchased $4,900 in equipment during 2020. 2. Coronado allocated one-third of its depreciation expense to selling expenses and the remainder to general and administrative expenses. 3. Bad debt expense for 2020 was $5,000, and write-offs of uncollectible accounts totaled $4,700. 1. Coronado purchased $4,900 in equipment during 2020. 2. Coronado allocated one-third of its depreciation expense to selling expenses and the remainder to general and administrative expenses. 3. Bad debt expense for 2020 was $5,000, and write-offs of uncollectible accounts totaled $4,700. Determine what amounts Coronado should report in its statement of cash flows for the year ended December 31, 2020, for the following items. (a) Cash collected from customers. $ (b) Cash paid to suppliers. $ (c) Cash paid for interest. $ (d) Cash paid for income taxes. $ (e) Cash paid for selling expenses. $

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