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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.

  1. Issued $8,600 of common stock to stockholders.
  2. Provided $4,900 of services on account.
  3. Paid $2,250 cash for operating expenses.
  4. Collected $3,200 of cash from accounts receivable.
  5. 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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