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Nelson Company experienced the following transactions during Year 1, its first year in operation. Issued $8,600 of common stock to stockholders. Provided $4,900 of services
Nelson Company experienced the following transactions during Year 1, its first year in operation.
- Issued $8,600 of common stock to stockholders.
- Provided $4,900 of services on account.
- Paid $2,250 cash for operating expenses.
- Collected $3,200 of cash from accounts receivable.
- Paid a $230 cash dividend to stockholders.
The amount of net cash flow from operating activities shown on Nelson Company's Year 1 statement of cash flows is
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