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Kochyo purchases an inventory of spare parts on credit from its suppliers for $15,000. During the month Kochyo pays its suppliers $10,000 and sells spare parts (which cost the business $8,000) to its customers on credit for $20,000. Customers pay Kochyo $12,000 during the month.
3-4: Inventory increase by?
[removed] $2,000
[removed] $5,000
[removed] $7,000
[removed] $8,000
[removed] $12,000
3-5: Payables increase by?
[removed] $2,000
[removed] $5,000
[removed] $7,000
[removed] $8,000
[removed] $12,000
3-6: Receivables increases by?
[removed] $2,000
[removed] $5,000
[removed] $7,000
[removed] $8,000
[removed] $12,000
3-7: Profit increases by?
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