flax corp uses the direct method to prepare its statement of cash flows flax rsquo s 605508

Items 1 through 5 are based on the following:

Flax Corp. uses the direct method to prepare its statement of cash flows. Flax’s trial balances at December 31, 2006 and 2005 are as follows:

		December 31
		2006		2005
Debits
Cash	$	35,000	$	32,000
Accounts receivable		33,000		30,000
Inventory		31,000		47,000
Property, plant, & equipment		100,000		95,000
Unamortized bond discount		4,500		5,000
Cost of goods sold		250,000		380,000
Selling expenses		141,500		172,000
General and administrative expenses		137,000		151,300
Interest expense		4,300		2,600
Income tax expense		20,400		61,200
	$	756,700	$	976,100
Credits
Allowance for uncollectible accounts	$	1,300	$	1,100
Accumulated depreciation		16,500		15,000
Trade accounts payable		25,000		17,500
Income taxes payable		21,000		27,100
Deferred income taxes		5,300		4,600
8% callable bonds payable		45,000		20,000
Common stock		50,000		40,000
Additional paid-in capital		9,100		7,500
Retained earnings		44,700		64,600
Sales		538,800		778,700
	$	756,700	$	976,100

Flax purchased $5,000 in equipment during 2006.
Flax allocated one third of its depreciation expense to selling expenses and the remainder to general and administrative expenses. There were no write-offs of accounts receivable during 2006.

What amounts should Flax report in its statement of cash flows for the year ended December 31, 2006, for the following:

Cash collected from customers?

Cash paid for goods to be sold?

Cash paid for interest?

Cash paid for income taxes?

Cash paid for selling expenses?