DIRECT METHOD Compute the following for Direct Method statement of Cash Flows A) Beginning and ending AR are 22,000 and 26,000 respectively. Credit sales for the period total 81,000. How much are cash collections? B) Cost of Goods Sold is 82,000. Beginning inventory balance is 25,000 and ending inventory balance is 21,000. Beginning and ending AP are 11,000 and 8,000 respectively. How much are cash payments for inventory? C) Beginning and ending Retained Earnings are 45,000 and 73,000 respectively. Net income for the period is 62,000 and stock dividends are 22,000. How much are cash dividend payments? D) Beginning and ending Plant Assets, net, are 103,000 and 107,000 respectively. Depreciation for the period is 16,000 and acquisitions of new plant asset are 27,000. Plant assets were sold with 1,000 gain. What are the cash proceed from sale