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Washington Company began operations on January 1, Year 1. During Year 1, the company engaged in the following cash transactions: 1) issued stock for $40,000

Washington Company began operations on January 1, Year 1. During Year 1, the company engaged in the following cash transactions:

1) issued stock for $40,000 cash

2) borrowed $25,000 cash from its bank

3) provided consulting services for $39,000 cash

4) purchased $2000 of advertising on account

5) paid cash rent expense for $9,000

6) purchased permanent heavy equipment for $12,000 cash

7) paid $3,000 cash dividends to stockholders

8) paid employees' salaries of $21,000 cash

What is Washington's net cash flow from operating activitiesfor Year 1?

Nilsson Company experienced the following transactions during Year 1, its first year in operation.

1. Issued $6,000 of common stock to stockholders.

2. Provided $4,600 of services on account.

3. Paid $3,200 cash for operating expenses.

4. Collected $3,800 of cash from accounts receivable.

5. Paid a $2000 cash dividend to stockholders.

The amount of net cash flow from financing activities shown on Nilsson Company's Year 1 statement of cash flows is

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