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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 $44,000 2) borrowed
Yi Company began operations on January 1, 2013. During 2013, the company engaged in the following cash transactions 1) issued stock for $44,000 2) borrowed $27,000 from its bank 3) provided consulting services for $42,000 4) paid back $17,000 of the bank loan 5) paid rent expense for $10,000 6) purchased equipment costing $14,000 7) paid $3,200 dividends to stockholders 8) paid employees' salaries, $23,000 What is Yi's net cash flow from operating activities? Multiple Choice Inflow of $19,000 Inflow of $9,000 Inflow of $5,800 Inflow of $36,000
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