Exercise 16-16B Direct: Computing cash flows LO P5 Case X: $470,000 49,000 67,620 Case Y: Compute cash received from customers: Sales Accounts receivable, Beginning balance Accounts receivable, Ending balance Compute cash paid for rent Rent expense Rent payable, Beginning balance Rent payable, Ending balance Compute cash paid for inventory Cost of goods sold Inventory, Beginning balance Accounts payable, Beginning balance Inventory, Ending balance Accounts payable, Ending balance $129,400 8,650 7,439 Case 2: $670,000 207,700 87,234 170,314 108,170 For each of the above three separate cases, use the information provided about the current-year operations of Sahim Com compute the required cash flow information Assume all purchases and sales of inventory are on credit Case X Case Y Case z Cash received from customers Cash paid for rent Cash paid for inventory