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XYZ, Inc. had the following transactions during 2020: Exchanged land for a building$ 764,000 Purchased Inventory 160,000 Paid cash salary 380,000 Purchased equipment 212,000 Issued
XYZ, Inc. had the following transactions during 2020: Exchanged land for a building$ 764,000 Purchased Inventory 160,000 Paid cash salary 380,000 Purchased equipment 212,000 Issued ordinary shares 588,000 What is xyz, Inc.'s net cash from operating activities? Select one: o a. 48,000 cash outflow b. 540,000 cash outflow C. 48,000 cash inflow o d. 540,000 cash inflow
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