Acme Company makes all its inventory sales and inventory pur…

Acme Company makes all its inventory sales and inventory purchases on account, and all of Acme’s accounts payable relate to inventory purchases. During the current year, sales revenues are $158,100, cost of goods sold is $107,100, the accounts receivable balance decreases $7,200, the inventory balance increases $5,600, and the accounts payable balance decreases $3,900. What is the amount of cash paid to its suppliers of inventory during the year?

During the current year, Acme Company reports total selling…

During the current year, Acme Company reports total selling and administrative expenses of $183,200, the balance of the prepaid headquarter office rent expense account increased $12,800, and the balance of the advertising agency payable account decreased $10,400. Acme recognizes $14,000 of depreciation expense on computer equipment used by the marketing department. What amount of cash did Acme pay during the year for selling and administrative expenses?