BA$211$ Final Learning Assessment i

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$14$

$4$ points

During the current year, a company provides services on account for $$140,000.$ By the end of the year, $$51,000$ of this amount had been received. In addition, cash payments for the year were employees' salaries, $$55,00$; office supplies, $$12,000$; and utilities, $$22,000.$

Required:

Determine the net cash flows from operating activities the company will report in the current year. $($A net cash outflow should be indicated with a minus sign.$)$

Operating cash flows