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5 Nelson Company experienced the following transactions during Year 1. its first year in operation 1. Issued $8,600 of common stock to stockholders. 2. Provided

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5 Nelson Company experienced the following transactions during Year 1. its first year in operation 1. Issued $8,600 of common stock to stockholders. 2. Provided $4,900 of services on account. 3. Paid $2.250 cash for operating expenses 4, Collected $3,200 of cash from accounts receivable. 5. Paid a $230 cash dividend to stockholders The amount of net cash flow from o perating activities shown on Nelson Company's Year 1 statement of cash flows is Multiple Choice $720. O $950 $2,420 O $2.650

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