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Nelson Company experienced the following transactions during Year 1, its first year in operation. Issued $10,000 of common stock to stockholders Provided $6,300 of
Nelson Company experienced the following transactions during Year 1, its first year in operation. Issued $10,000 of common stock to stockholders Provided $6,300 of services on account Paid $2,600 cash for operating expenses .Collected $3,900 of cash from accounts receivable Paid a $300 cash dividend to stockholders What is the of net cash flow from operating activities shown on the Year 1 statement of cash flows? Multiple Choice $1,000 $1,300 $3,400 $3,700
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