2018 Sales 15,500 CGS 11,650 General and Adm. exp. 1.200 Selling exp. 900 Depreciation exp. 1,250 Interest 350 Taxes 450 Accounts Receivable 3,690 Inventory 6,750 Accounts Payable 4,630 Note Payable 6,500 Use the above information to calculate the Cash Collection in 2019 2019 21,000 13,150 1,360 1.100 1,450 550 650 3,120 8,960 3,950 5,250 $ Use the above information to calculate the Payment for Purchases in 2019 $ Use the above information to calculate the Payment for Operating Expenses in 2019 $ Use the above information to calculate the Cash flow from Operating Activities in 2019

Cash Collection = Beginning Accounts Receivable + Sales - Ending Accounts Receivable
Cash Collection = $3,690 + $21,000 - $3,120
Cash Collection = $21,570

Payment for Purchases = Ending Inventory + Cost of Goods Sold - Beginning Inventory + Beginning Accounts Payable - Ending Accounts Payable
Payment for Purchases = $8,960 + $13,150 - $6,750 + $4,630 - $3,950
Payment for Purchases = $16,040

Payment for Operating Expenses = General and Administrative Expense + Selling Expense
Payment for Operating Expenses = $1,360 + $1,100
Payment for Operating Expenses = $2,460

Cash Flow from Operating Activities = Cash Collection - Payment for Purchases - Payment for Operating Expenses - Payment for Taxes - Payment for Interest
Cash Flow from Operating Activities = $21,570 - $16,040 - $2,460 - $650 - $550
Cash Flow from Operating Activities = $1,870