Q snhu advanced accounting 5-2 - X S Assignment 5 - Consolidating En X ACC 405 : Advanced Financial Ac X D2L 5-2 Assignment: Consolidating E X Question 1 - 5-2 Assignment: Co x + X C https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question-.. . .. 5-2 Assignment: Consolidating Entries i Saved Help Save & Exit Submit Check my work Power Corporation owns 75 percent of Surge Company's stock; no intercompany purchases or sales were made in 20X4. For the year, Power and Surge reported sales of $360,000 and $230,000 and cost of goods sold of $160,000 and $109,250, respectively. Power's inventory increased by $20,000, but Surge's decreased by $16,000. Power's accounts receivable increased by $17,000 and its 25 accounts payable decreased by $12,000 during 20X4. Surge's accounts receivable decreased by $14,000 and its accounts payable points increased by $4,000. Required: eBook Assuming there were no other cash flows from operations, using the direct method of computing cash flows from operating activities, Print compute the following: References a. Cash received from customers $ 320,750 b . Cash payments to suppliers C. Cash flows from operating activities 10,000 Mc Graw Hill D2L 6:29 PM 7/29/2022 5