Assume the perpetual inventory method is used.

1. 1) The company purchased $12,600 of merchandise on account under terms 2/10, n/30.
2. 2) The company returned $2,100 of merchandise to the supplier before payment was made.
3. 3) The liability was paid within the discount period.
4. 4) All of the merchandise purchased was sold for $19,200 cash.

The net cash flow from operating activities as a result of the four transactions is:

Multiple Choice

• $8,910.
• $6,468.
• $8,952.
• $6,600.