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Required information (The following information applies to the questions displayed below.) On January 1, Year 2 Grande Company had a $13,000 balance in the Accounts

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Required information (The following information applies to the questions displayed below.) On January 1, Year 2 Grande Company had a $13,000 balance in the Accounts Receivable account and a zero balance in the Allowance for Doubtful Accounts account. During Year 2, Grande provided $62,000 of service on account. The company collected $58,500 cash from accounts receivable. Uncollectible accounts are estimated to be 2% of sales on account Vhat is the amount of cash flow from operating activities that would appear on the Year 2 statement of cash flows? Multiple Choice O $58,500 O $57,330 What is the amount of cash flow from operating activities that would appear on the Year 2 statement of cash flows? Multiple Choice $58,500 S57330 S62,000 $49,260

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