For each of the following independent cases, use the information provided to calculate the missing cash inflow or cash outflow using the direct method.
Definitions:
Direct Materials
Raw materials that can be directly attributed to the manufacturing of a product.
Income Taxes
Taxes levied by governments on the income generated by businesses and individuals within their jurisdiction.
Formal Written Statement
A document that articulates official information or positions in a structured and official manner.
Merchandise Purchases
Transactions involving the buying of goods for resale, typically recorded as inventory in a business's accounting records.
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