Using the following information, you will need to answer the questions below.

Account	2019	2020
Inventory	51,300	52,900
General Expenses		18,600
Cost of Sales		146,900
Advertising Expense		12,500
Accounts Receivable	32,200	39,300
Wages Payable	9,200	6,800
Insurance Expense		7,000
Depreciation Expenses		25,900
Prepaid Advertising	600	1,700
Interest Income		11,700
Accounts Payable	26,400	23,700
Doubtful Debts Expense		9,200
Interest Expense		12,600
Interest Receivable	200	600
Tax Expense		27,100
Sales Income		328,800
Tax Payable	5,200	4,600
Interest Payable	2,800	3,100
Wages Expense		51,300
Prepaid Insurance	500	800

Required:

Answer the following questions (you must show your calculations for each answer):

(10 Marks)

1. Calculate the cash received from customers

2. Calculate the purchases figure

3. Calculate the cash paid for purchases

4. Calculate the cash paid for expenses (make sure you find and add up all of the expenses first)

5. Calculate the cash received from interest income

6. Calculate the cash paid for interest expense

7. Calculate the cash paid for tax expense