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Yowell Company began operations on Januery 1. Year 1 During Year 1, the company engaged in the following cash transactions: 1) issued stock for $80,000
Yowell Company began operations on Januery 1. Year 1 During Year 1, the company engaged in the following cash transactions: 1) issued stock for $80,000 2) borrowed $45.000 from its bantk 3) provided consulting services for $78,000 cash 4) paid back $35,000 of the bank loan S) paid rent expense for $19,000 6) purchased equipment for $32,000 cash 7) paid $5,000 dividends to stockholders 8) paid employees' salaries of $41,000 What is Yowell's net cash flow from operating activities? Multipie Choice intlow of S1B.000 Inflow of $13 000
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