Question: Using the direct method, complete Jupiter Corp.'s December 31, Year 5, operating activities. section of the statement of cash ows using the information below. Enter

Using the direct method, complete Jupiter Corp.'s December 31, Year 5, operating activities. section of the statement of cash ows using the information below. Enter the appropriate amounts in the designated cells below. Enter all amounts as positive values. ItEIn Arno out 1. Jupiter reported cost of goods sold for Year 5 of $2?5,l]. Jupiter's inventory increased by $95,I] for Year 5, and accounts payable to suppliers increased by I $25,001:}. In Year 5? Jupiter paid what amount of cash to suppliers? 2. Jupiter's prepaid insurance on January 1 was $,, and it was $5D,DDD on December 31. Insurance expense was $25,0DD for Year 5 and $9,13l] for Year 4. Determine the amount of cash Jupiter paid for insurance in Year 5. 3. The beginning balance of accounts receivable was $235430, and the ending balance is $33,13l]. No accounts were written off or recovered during the year. I For the year, Jupiter had sales on account and cash sales of $450,0. How much cash did Jupiter collect from customers for Year 5? 4. Calculate Jupiter's Year 5 cash disbursement for income tastes, using the following information: Income tax expense for Year 5 is $20,4; income taxes payable balance on January 1 was $29,1{i and on December 31 is $21,I]DD; I balance on Januaryr 1 for deferred income taxes was $4,6I'JI] and on December 31 is $5,300
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