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Talia Corporation recorded service revenues of $200,000 during the current year, of which $165,000 were on credit and $35,000 were for cash. Moreover, of the
Talia Corporation recorded service revenues of $200,000 during the current year, of which $165,000 were on credit and $35,000 were for cash. Moreover, of the $165,000 credit sales, Talia collected $20,000 cash on those receivables before year-end. The company also paid $25,000 cash for wages during the year. Its employees also earned another $2,000 in wages during the last few weeks of the year, which were not yet paid at yearend. Compute the companys net cash inflow during the year. (Do not include a $ sign in your answer.)
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