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Yi Company began operations on January 1, 2013. During 2013, the company engaged in the following cash transactions 1) issued stock for $70,000 2)
Yi Company began operations on January 1, 2013. During 2013, the company engaged in the following cash transactions 1) issued stock for $70,000 2) borrowed $40,000 from its bank 3) provided consulting services for $68,000 4) paid back $30,000 of the bank toen 5) paid rent expense for $16.500 6) purchased equipment costing $22000 7) paid $4,500 dividends to stockholders 8) paid employees' selaries, $36,000 What is Yi's net cash flow from operating activities?
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