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B Book Printa ences Yowell Company began operations on January 1, Year 1. During Year 1, the company engaged in the following cash transactions:
B Book Printa ences Yowell Company began operations on January 1, Year 1. During Year 1, the company engaged in the following cash transactions: 1) Issued stock for $70,000 2) borrowed $40,000 from its bank 3) provided consulting services for $69,000 cash 4) paid back $30,000 of the bank loan 5) paid rent expense for $16,500 6) purchased equipment for $27,000 cash 7) paid $4,500 dividends to stockholders. 8) paid employees' salaries of $36.000 What is Yowell's net cash flow from operating activities? Multiple Choice
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