Question: please answer within the format by providing formula the detailed working Please provide answer in text (Without image) Please provide answer in text (Without image)
please answer within the format by providing formula the detailed working Please provide answer in text (Without image) Please provide answer in text (Without image) Please provide answer in text (Without image)

Melissa, Inc. reported the following income statement, prepared on the accrual basis: Sales $6,000 Cost of goods sold (4,700) Gross profit $1,300 Operating expenses: Depreciation expense $190 Other operating expenses 650 (840) Income before taxes $460 Income tax expense (210) Net income $250 Changes during the year in selected accounts: Accounts receivable $100 decrease Inventories 200 decrease Accounts payable (on purchases) 150 increase Salaries payable 60 decrease Prepaid expenses 30 increase Required: For Melissa, Inc., compute the cash flow pertaining to: a. Cash collections from customers. b. Cash paid for operating expenses. c. Cash paid for suppliers
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