Using the information provided, determine the missing amounts. For expenses $/$ losses, enter as a negative amount with a $"-"$ sign in the answer. For example $-5,000.$

Net Cash Flows from Operating Activities, Direct Method

For the Year Ended December $31$

Cash flows from operating activities

Collections from customers $ $165,000$

Payments to suppliers $(88,000)$

Payments for salaries $(35,900)$

Payments for other operating expenses $(4,900)$

Payments for interest $(6,000)$

Payments for income tax $(6,100)$

Net cash provided by operating activities $ $24,100$

Net Cash Flows from Operating Activities, Indirect Method

For the Year Ended December $31$

Net income

Question Blank $1$ of $12$

type your answer...

Adjustments:

Depreciation expense $8,000$

Gain on sale of equipment $(18,000)$

Loss on bond retirement $1,000$

Amortization of bond discount $100$

Increase in accounts receivable, net $(29,000)$

Increase in inventory $(10,000)$

Increase in prepaid rent $(2,000)$

Increase in accounts payable $12,000$

Decrease in salaries payable $(3,000)$

Increase in income taxes payable $6,000$

Net cash provided by operating activities

Question Blank $2$ of $12$

$24100$

Income Statement

For Year Ended December $31$

Sales revenue

Question Blank $3$ of $12$

type your answer...

Cost of goods sold

Question Blank $4$ of $12$

type your answer...

Depreciation expense

Question Blank $5$ of $12$

type your answer...

Salaries

Question Blank $6$ of $12$

type your answer...

Other operating expenses

Question Blank $7$ of $12$

type your answer...

Interest expense

Question Blank $8$ of $12$

type your answer...

Gain on sale of equipment

Question Blank $9$ of $12$

type your answer...

Loss on bond retirement

Question Blank $10$ of $12$

type your answer...

Income tax expense

Question Blank $11$ of $12$

type your answer...

Net income

Question Blank $12$ of $12$

$($NOTE PLEASE LOOK AT IMAGE PROVIDED TO AVOID MISCALCULATION$)$