FOR THESE QUESTIONS CAN YOU CLEARLY WRITTEN SHOW ME THE ANSWER TO THE SOLUTION VERY CLEARLY WRITTEN PLEASE AND THANK YOU.

Sye Chase started and operated a small family architectural firm in Year 1. The firm was affected by two events: (1) Chase provided $23,700 of services on account, and (2) he purchased $6,300 of supplies on account. There were $1,100 of supplies on hand as of December 31, Year 1. d. Explain why the amounts of net income and net cash flow from operating activities differ. Net income is Net Cash Flow from Operating Activities is of revenue was earned on account, but none was collected; of supplies were used, but none were paid for. River Co. began the accounting period with a $65,000 debit balance in its Accounts Receivable account. During the accounting period, River Co. earned revenue on account of $337,500. The ending Accounts Receivable balance was $74,300. Required Based on this information alone, determine the amount of cash inflow from operating activities during the accounting period. (Hint: Use a T-account for Accounts Receivable. Enter the debits and credits for the given events, and solve for the missing amount.) Cash inflow from operating activities