Moving to another question will save this response Question of 35 Question 6 3 points Save Answer The Alfalfa Company purchased 1,000 units of inventory on October 1, 2019 for $10 per unit. On December 31, 2019 they have 200 units remaining. In addition, they discover that the current replacement cost of the inventory is now only $8 per unit. The correct inventory valuation on the Company's December 31, 2019 balance sheet should be $10,000 $2.000 $8,000 $1,600 Close Wir > Moving to another question will save this response Question 70 Sa uestion 7 3 points A company collects an accounts receivable from a customer. The receivable was classified as a current asset. How will this collection be reflected in the cash flow statement? No impact on the statement of cash flows A cash inflow in the Investing Activities section A cash inflow in the Operating Activities section A cash inflow in the Financial Activities section 3 points Question Save and Exxon Oil purchased an oil rig for $1,000 and paid cash. Exxon recognized the rig as a non-current asset as part of its property, plant and equipment. How will this purchase be reflected in Exxon's cash flow statement? A cash outflow in the Financing Activities section A cash inflow in the Investing Activities section A cash outflow in the Operating Activities section A cash outflow in the Investing Activities section > Moving to another question will save this response. Question of 35