On January $1,$ Year $2$ Grande Company had a $$24,000$ balance in the Accounts Receivable account and a zero balance in the Allowance for Doubtful Accounts account. During Year $2,$ Grande provided $$84,000$ of service on account. The company collected $$80,500$ cash from accounts receivable. Uncollectible accounts are estimated to be $2\%$ of sales on account.

What is the amount of cash flow from operating activities that would appear on the Year $2$ statement of cash flows?

Multiple Choice

$$80,500$

$$60,480$

$$84,000$

$$78,890$