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QueSUVI 14 JUHTU The Matisse Co. reported the following information: Net cash inflow from financing activities $20,000 Net cash outflow from operating activities $7,000 Net

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QueSUVI 14 JUHTU The Matisse Co. reported the following information: Net cash inflow from financing activities $20,000 Net cash outflow from operating activities $7,000 Net cash outflow from investing activities $4,000 Ending cash balance on December 31st $32,000 What is the beginning cash balance on January 1st? a) $41,000. b) $22,000. Oc) $42,000 d) $23,000 Question 8 (1 point) Under the direct method, which item(s) would not be reported as a cash flow? a) Declaration of a $10,000 cash dividend. Ob) Depreciation expense of $10,000. c) Accrued $10,000 in salary expense. d) All of the above. e) None of the above. Question 9 (1 point)

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