Jack's Snow Removal Company received a cash advance of $10,800 on December 1, Year 1 to provide services during the months of December, January and February. The year-end adjustment on December 31, Year 1, to recognize the partial expiration of the contract will Multiple Choice increase assets by $3,600 increase assets by $3,600 and increase stockholders's equity by $3,600 Increase stockholders's equity by $3,600 increase liabilities by $3,600 Nelson Company experienced the following transactions during Year 1, its first year in operation. Issued $7,800 of common stock to stockholders Provided $4,100 of services on account Paid $2,050 cash for operating expenses . Collected $2,800 of cash from accounts receivable Pald a $190 cash dividend to stockholders What is the of net cash flow from operating activities shown on the Year 1 statement of cash flows? 57 Multiple Choice $750 $2,050 $560 $1,860