Question: Please help me solve this. n-class exercise 21-1 1. On December 31, 2021, Wellstone Company reported net income of $72,000 and sales of $203,000. The
n-class exercise 21-1 1. On December 31, 2021, Wellstone Company reported net income of $72,000 and sales of $203,000. The company also reported beginning and ending accounts receivable at $15,500 and $25,500, respectively. The company also reported beginning and ending unearned revenue at $5,500 and $4,500, respectively. How much will Wellstone report cash collected from customers in its 2021 statement of cash flows (direct method)? 2. Cost of goods sold in the current year was $8,000. What was the amount of cash paid to suppliers
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