The following information is taken from the 2025 general ledger of Carla Vista Company. Rent Rent...
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The following information is taken from the 2025 general ledger of Carla Vista Company. Rent Rent expense $ 54,000 Prepaid rent, January 1 10.620 Prepaid rent. December 31 13,320 Salaries Salaries and wages expense $97,200 Salaries and wages payable, January 1 3,600 Salaries and wages payable, December 31 14,400 Sales Sales revenue Accounts receivable, January 1 $288,000. 28,800 Accounts receivable, December 31 12,600 In each case, compute the amount that should be reported in the operating activities section of the statement of cash flows under the direct method. Cash payments for rent $ Cash payments for salaries $ Cash receipts from customers $ The following information is taken from the 2025 general ledger of Carla Vista Company. Rent Rent expense $ 54,000 Prepaid rent, January 1 10.620 Prepaid rent. December 31 13,320 Salaries Salaries and wages expense $97,200 Salaries and wages payable, January 1 3,600 Salaries and wages payable, December 31 14,400 Sales Sales revenue Accounts receivable, January 1 $288,000. 28,800 Accounts receivable, December 31 12,600 In each case, compute the amount that should be reported in the operating activities section of the statement of cash flows under the direct method. Cash payments for rent $ Cash payments for salaries $ Cash receipts from customers $
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