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Reconcile Net Income and Net Cash Flows from Operations Alex Vera organized Succulent Express at the beginning of February 2014. During February, Succulent Express entered

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Reconcile Net Income and Net Cash Flows from Operations Alex Vera organized Succulent Express at the beginning of February 2014. During February, Succulent Express entered into the following transactions: a. Terry Mason invested $32,375 in Succulent Express in exchange for common stock. b. Pald $4,320 on February 1 for an insurance premium on a one-year policy. c. Purchased supplies on account, $3,540. d. Received fees of $40,245 during February e. Pald expenses as follows: wages, $16,800; rent $2,800; utilities, $1,400; and miscellaneous, 61,540, 1. Pald dividends of $9,525. There was 32,832 of supplies on hand as of February 28. Assume that adjusting entries for usage of supplies and expiration of prepaid insurance were recorded on February 25, 2014. Based on the information above, determine the net cash flow from operating activitles as of February 28, 2014

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