Use the following information to answer questions (a) through (c) below.

a. How much cash was received from customers during 2014?
b. How much cash was paid for merchandise during 2014?
c. How much cash was paid for operating expenses during2014?

Drinkwater Inc. Comparative Balance Sheet Informationn Drinkwater Inc. Income Statement For Year Ended June 30, 2014 June 30 2014 2013 Sales... Cost of goods sold Gross profie Operating expenses $234,000 156,000 $ 78,000 Accounts receivable (net).26,000 21,000 48,400 2,600 60,000 5,000 11,000 3,000 1,800 35,000 90,000 3,700 3,200 Other expenses. Total operating expense Accumulated depreciation Accounts payable Wages payable Income taxes payable. 9,000 8,000 5,000 1,200 47,800 $ 30,200 12,300 17,900 17,300