Computation of Operating Cash Flows
the Financial Statements of Park

Computation of operating cash flows
The financial statements of Park Company provide the following information for the current year:
$$\begin{array} { | l | r | r | } \hline & \begin{array} { c } \text { End of } \\\text { Year }\end{array} & \begin{array} { c } \text { Begirning of } \\\text { Year }\end{array} \\\hline \text { Accourts receivable } & \$ 106 _ { 0 } 000 & \$ 98,000 \\\hline \text { Irventory } & \$ 105,000 & \$ 120,000 \\\hline \text { Prepaid expenses } & \$ 31,000 & \$ 29,000 \\\hline \text { Accounts payable (for irvertory) } & \$ 74,000 & \$ 70,000 \\\hline \text { Accrued liabilities } & \$ 30,000 & \$ 28,000 \\\hline \text { Net sales } & \$ 848,000 & \\\hline \text { Cost of goods sold } & \$ 318 _ { 2 } 000 & \\\hline \text { Expenses (including depreciation of } \$ 43,000 ) & \$ 25,000 & \\\hline\end{array}$$ Using this information, compute for the current year:
$\begin{array}{|l|l|}\hline \text { (a) Cash receipts from customers } & \$\_\_\_\_ \\\hline \text { (b) Cash payments for purchases of inventory } & \$\_\_\_\_ \\\hline \text { (c) Cash payments for operating expenses } & \$\_\_\_\_ \\\hline \text { (d) Net cash from operating activities } & \$ \_\_\_\_\\\hline\end{array}$