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44.The following information is extracted from a set of financial statements: Opening balance Closing balance Cash $16 000 $20 000 Accounts receivable 10 000 15

44.The following information is extracted from a set of financial statements:

Opening balance

Closing balance

Cash

$16 000

$20 000

Accounts receivable

10 000

15 000

Accounts payable

24 000

25 000

Inventory

30 000

35 000

Sales

0

50 000

Cost of goods sold

0

30 000

The net cash flow from operating activities based only on the above information is:

Group of answer choices

1.$11 000

2.$20 000

3.$29 000

4.$33 000

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