Hidalgo Company Has the Following Selected Balance Sheet and Income $\text {For the Y ear}$

Essay

Hidalgo Company has the following selected balance sheet and income statement information: $\text {For the Y ear}$
$\text {Ended}$
$\text {December 31}$ , $\quad$ $20 \times 5$
$\text {Income statement accounts:}$
$\begin{array}{ll}\text { Cost of goods sold } & \$ 310,000 \\\text { Income tax expense } & 27,000 \\\text { Sales } &465,000 \\\text { Wage expens e }&83,000\end{array}$



$\begin{array}{lll}\text { At December 31} &\underline { 20 \times 5 } & \underline { 20 \times 4 }\\\text {Selected balance sheet accounts:}\\\text { Accounts p ay able } & \$ 27,000 & \$ 23,000 \\\text { Accounts receivable } & 12,000 & 10,000 \\\text { C ash } & 15,000 & 11,000 \\\text { Income taxes payable } & 15,000 & 6,000 \\\text { Inventory } & 21,000 & 16,000 \\\text { W ages p ayable } & 7,000 & 4,000\end{array}$ Determine the following items for Hidalgo Company for the year ended December 31, 20X5:
a. cash received from customers
b. cash paid to suppliers
c. cash paid for wages
d. cash paid for income taxes