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1. On the statement of cash flows for Easton Co., the cash received from customers is currently listed as $60,000. The salaries paid is entered

1. On the statement of cash flows for Easton Co., the cash received from customers is currently listed as $60,000. The salaries paid is entered as $32,000 and the utilities paid is $6,000. Based on this information, what is the net cash from operations?

A : $98,000

B : $60,000

C : $28,000

D : $22,000

2.

Kreston Co. has listed the following information on their statement of cash flows:

Salaries paid: $45,000

Utilities paid: $7,000

Cash from customers: $68,000

Based on this information, what is the net cash from operations?

A : $23,000

B : $120,000

C : $32,000

D : $16,000

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