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Your Corporation started a consulting business on January 1, 2021 by issuing $7,000 of common stock. What was net cash flow from operating activities?
Your Corporation started a consulting business on January 1, 2021 by issuing $7,000 of common stock. What was net cash flow from operating activities? Incurred $11,000 of operating expense on account. Provided services on account, $25,000. Performed $12,000 of work for cash. Purchased $7,000 of supplies. Collected $9,000 of the revenue that was previously recorded on account. Paid $5,000 of its accounts payable. Recognized $4,000 of supplies expense. Paid a cash dividend of $2,000 to the stockholders. O$ 7,000 O $9,000 O$ 8,000 $15,000 O$ 5,000
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