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Assume the perpetual inventory method is used. The company purchased $12,200 of merchandise on account under terms 2/10, n/30. The company returned $1,700 of merchandise

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Assume the perpetual inventory method is used. The company purchased $12,200 of merchandise on account under terms 2/10, n/30. The company returned $1,700 of merchandise to the supplier before payment was made. The liability was paid within the discount period. All of the merchandise purchased was sold for $18,400 cash. What is the net cash flow from operating activities as a result of the four transactions? Multiple Choice $6,200. $8,144. $8,110. $6,076

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