(Learning Objectives 4, 5, 6: Computing amounts for the statement of cash flowsdirect method) Compute the following items for the statement of cash flows: a. Beginning and ending Accounts Receivable are 22,000 and 17,000, respectively. Credit sales for the period total 62,000. How much are cash collections from customers? b. Cost of goods sold is 79,000. Beginning Inventory balance is 28,000, and ending Inventory balance is 25,000. Beginning and ending Accounts Payable are 12,000 and 14,000, respectively. How much are cash payments for inventory?