Operating Cash Flows (Direct Method) The Howell Company's current year income statement contains the following data:

Sales revenue	$832,000
Cost of goods sold	568,000
Gross profit	$264,000

Howell's comparative balance sheets show the following data (accounts payable relate to merchandise purchases):

	End of Year	Beginning of Year
Accounts receivable	$71,000	$60,000
Inventory	109,000	96,000
Prepaid expenses	3,000	8,000
Accounts payable	31,000	37,000

Compute Howell's current-year cash received from customers and cash paid for merchandise purchased.

Cash received from customers
Cash paid for merchandise purchased