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This question is worth 2 points: InstaChat Enterprises had the following transactions: Services performed for customers who will pay next accounting period: $ 1 5

This question is worth 2 points:
InstaChat Enterprises had the following transactions:
Services performed for customers who will pay next accounting period: $15,000
Cash dividends paid to owners: $4,000
Bill received for advertising expenses in the current accounting period; will pay the
bill in the next accounting period: $2,000
Cash received from customers for services performed in the current period: $8,000
Cash received from stockholders in exchange for common stock of the company: $
10,000
Cash paid for equipment: $25,000
Cash received from clients for services that it has promised to provide next year: $
7,000
Cash paid for utilities: $3,000
Cash paid to employees for wages: $6,000
Cash paid for a one-year insurance policy: $5,000
Purchase of supplies on account; the business will pay for the supplies in the next
accounting period: $1,000
How much is net cash flow from operating activities? For a negative number, use a -
before your number. Do not enter dollar signs or commas.
Answer:
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