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Question(s) / Instruction(s):

Case A: Compute cash received from customers:                             

  Sales                                                                                                    $590,000 

  Accounts receivable, December 31, 2011                           50,000 

  Accounts receivable, December 31, 2012                           69,000 

 Case B:                Compute cash paid for rent:                      

  Rent expense                                                                                  $120,500 

  Rent payable, December 31, 2011                                         5,700 

  Rent payable, December 31, 2012                                         5,358 

 Case C:                Compute cash paid for merchandise:                     

  Cost of goods sold                                                                         $655,000 

  Merchandise inventory, December 31, 2011                     203,050 

 Accounts payable, December 31, 2011                                 85,281 

 Merchandise inventory, December 31, 2012                      166,501 

  Accounts payable, December 31, 2012                                105,748 

Required:

For each of the above three separate cases, use the information provided about the calendar-year 2012 operations of Sahim Company to compute the required cash flow information.

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