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cash. If these are the only accounting events that affected Rushmore during Year 1 , which of the following statements is true? Multiple Choice The

cash. If these are the only accounting events that affected Rushmore during Year 1, which of the following statements is true?
Multiple Choice
The amount of net loss shown on the income statement is $6,000.
The amount of net cash flow from operating activities shown on the statement of cash flows is $12,000.
The amount of net income shown on the income statement is $12,000.
The amount of net income shown on the income statement is $6,000.
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