M$4-30.$ Calculating Operating Cash Flows $($Direct Method$)$

Calculate the cash flow for each of the following cases.

a$.$ Cash paid for rent:

Rent expense

Prepaid rent, beginning of year

Prepaid rent, end of year

b$.$ Cash received as interest:

Interest income

Interest receivable, beginning of year.

$4,500$

Interest receivable, end pg$.4-43$

c$.$ Cash paid for merchandise purchased:

Cost of goods sold

Inventory, beginning of year

Inventory, end of year.

Accounts payable, beginning of year

$$147,000$

Accounts payable, end of year