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During the current year, a company provides services on account for $100,000. By the end of the year, $60,000 of this amount had been received.

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During the current year, a company provides services on account for $100,000. By the end of the year, $60,000 of this amount had been received. In addition, cash payments for the year were employees salaries, $50,000 office supplies, $10,000, and utilities $20,000 Determine the amount of operating cash flows the company will report in the current year (Cash outflows should be indicated with a minus sign.) Operating cash flows

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