Compute the following items for the statement of cash flows:a. Beginning and ending Accounts Receivable are $25,000 and $20,000, 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 was $26,000, and ending Inventory balance is $29,000. Beginning and ending Accounts Payable are $11,000 and $9,000, respectively. How much are cash payments for inventory?