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1) issued stock for $50,000 2) borrowed $30,000 from its bank 3) provided consulting services for $48,000 4) paid back $20,000 of the bank loan
1) issued stock for $50,000 2) borrowed $30,000 from its bank 3) provided consulting services for $48,000 4) paid back $20,000 of the bank loan 5) paid rent expense for $11,500 6) purchased equipment costing $17,000 7) paid $3,500 dividends to stockholders 8) paid employees' salaries, $26,000
What is Yi's net cash flow from operating activities? Inflow of $10,500
Inflow of $22,000
Inflow of $40,500
Inflow of $7,000
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