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Question 7 ABC Company is a manufacturing firm. At the beginning of July.ABC had a total inventory balance of $44,000. During the month of July. ABC had the following transactions. . Purchased raw materials costing $9000 . Paid office staff salaries of $3,000 . Paid production staff salarles of $4.000 . Purchased office equipment costing $17,000 . Purchased production equipment costing $30,000 . Recognized $3,000 depreciation on the office equipment . Recognized $5.000 depreclation on the production equipment . Sold $27,000 worth of finished Foods for $77.000 cash Assume all transactions, except depreciation, are for cash What is ABC Company's Net Cash Flow from Operating Activities for July $34.000 ($13,000! $26.000 61.000 Next