ents ons igate ibrarian Center 17 Question 40 At the current year end, Summer Brands Inc. has a balance in accounts payable of $24,000. The beginning balance of accounts payable was $32,000. Determine the amount and classification as a cash inflow or outflow for the statement of cash flows. O $24,000 cash inflow O $32,000 cash outflow $8,000 cash inflow 3 pts $8,000 cash outflow

At the current year end, Summer Brands Inc. has a balance in accounts payable of $24,000. The beginning balance of accounts payable was $32,000. Determine the amount and classification as a cash inflow or outflow for the statement of cash flows. $24,000 cash inflow $32,000 cash outflow $8,000 cash inflow $8,000 cast outfiow