The Income Statement for Catlett Company Included the Following Revenues

Essay

The income statement for Catlett Company included the following revenues and expenses for 2010:
$\begin{array}{lr}\text { Fees earned } & \$ 103,000 \\\text { Wages expense } & 44,700 \\\text { Insurance expense } & 8,500 \\\text { Interest expense } & 5,200\end{array}$ Listed below are the related balance sheet account balances at year end for this year and last year:
$\begin{array}{lcr} & \text { This Year } & \text { Last Year } \\\text { Unearned Fees } & \$ 7,800 & \$ 6,600 \\\text { Wages Payable } & 2,700 & 3,300 \\\text { Prepaid Insurance } & 1,200 & 0 \\\text { Interest Payable } & 0 & 800\end{array}$
a. Compute cash received for fees during the year.
b. Compute cash paid for wages during the year.
c. Compute cash paid for insurance during the year.
d. Compute cash paid for interest during the year.