1 calculate each of the following amounts for peach

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1. Calculate each of the following amounts for Peach Computers (Enter your answers in thousands. Input all amounts as positive values.) : . Cash received from customers during the reporting period. b . Cash paid to suppliers of goods during the reporting period. c. Cash paid to employees during the reporting period. d . Cash paid for insurance during the reporting period. . Cash paid for income taxes during the reporting period. 2 2. Prepare the cash flows from operating activities section of the statement of cash flows (direct method). (Enter your answers in thousands. Amounts to be deducted should be indicated with minus sign.)
ACC 307 Homework Week 6 Cash received from customers $ 311 Cash paid to suppliers -206 Cash paid to employees -36 Cash paid for insurance -10 Cash paid for income taxes -2 Net cash flows from operating activities $ 57
ACC 307 Homework Week 6 The accounting records of Baddour Company provided the data below. Net loss $4,625 Depreciation expense 6,125 Increase in salaries payable 495 Decrease in accounts receivable 2,175 Increase in inventory 2,320 Amortization of patent 490 Reduction in discount on bonds 390 Prepare a reconciliation of net income to net cash flows from operating activities. (Amounts to be deducted and losses should be indicated with a minus sign.)

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