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Given this information: 2019 2020 2019 2020 Cash $6,100 $4,800 Accounts receivable $2,400 $1,500 Inventory $6,000 $5,800 Prepaid rent $1,200 $400 Land $36,000 $40,000 Equipment

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Given this information: 2019 2020 2019 2020 Cash $6,100 $4,800 Accounts receivable $2,400 $1,500 Inventory $6,000 $5,800 Prepaid rent $1,200 $400 Land $36,000 $40,000 Equipment $18,000 $18,000 Accumulated depreciation ($1.200) ($2.200) $68,500 $68,300 Accounts payable $2,100 $2,200 Utilities payable $800 $1,100 Salaries payable $4,000 $1,000 Note payable $16,000 $13,000 Interest payable $600 $1,000 Common stock $12,000 $12,000 Retained earnings $33,000 $38,000 $68,500 $68,300 How much were operating cash flows if investing cash flows were ($1,000) and financing cash flows were ($2,000) during 2020? O $1.700 $3,000 O ($1.300) $7,800 O None of the above

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