Question 47 1 pts If a gain of $10,000 is recorded in selling (for cash) office equipment having a book value of $100,000, the total amount of cash flow reported in the cash flows from investing activities section of the statement of cash flows is O $110,000 $100,000 $10,000 $90,000 Question 49 1 pts Johnny Depp Company recorded credit sales of $1,400,000 during the period. The beginning accounts receivable balance was $165,000 and the ending accounts receivable balance was $280,000. What were the cash collections from customers during the period? O $1,285,000 O $1,615,000 $1.565,000 $1.400,000 D Question 50 Question 45 1 pts Biden Company recorded income taxes due of $1,000,000 during the year. The beginning income taxes payable balance was $300,000 and the ending income taxes payable balance was $400,000. How much cash was used during the period to pay down the income taxes payable balance? O $900,000 $1,100,000 $1,000,000 O $1,700,000