1 pts D Question 7 ABC Company is a manutacturing firm. At the beginning of July. ABC had a total inventory balance of 571,000. During the month of July. ABC had the following transactions Purchased raw materials costing $10,000 Paid office staff salaries of $5.000 Paid production staff salaries of 53,000 Purchased office equipment costing $14,000 Purchased production equipment costing $41.000 Recognized $4.000 depreciation on the office equipment Recognized $6,000 depreciation on the production equipment Sold $48,000 worth of finished goods for $104.000 cash Assume all transactions, except depreciation, are for cash. What is ABC Company's Net Cash Flow from Operating Activities for July? . $28.000 1517.000) $38.000 586.000