Hans Company's December 31, Year 1, balance sheet showed $800 cash, $500 supplies, $400 accounts payable, $300 common stock, and $600 retained earnings. The company experienced the following events during year 2. (1) Purchased $1,000 of supplies on account (2) Earned $2,000 cash revenue (3) Paid $1.200 cash to reduce accounts payable created in Event 1 above (4) Physical count revealed $300 of supplies on hand at the end of Year 2 Based on this information, the company would report Multiple Choice a $200 balance in the accounts payable account on the Year 2 balance sheet a $800 net cash inflow from operating activities on the Year 2 statement of cash flows. - ased on this information, the company would report Multiple Choice a $200 balance in the accounts payable account on the Year 2 balance sheet. a $800 net cash inflow from operating activities on the Year 2 statement of cash flows. a $1,200 supplies expense on the Year 2 income statement. All of the answers are correct